500 Scribner Dr, New Albany, IN 47150
Waiting List Forecast: Open Until Further Notice
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Mark Elrod Tower, 1-Bedroom Waiting List
The New Albany Housing Authority (NAHA) is accepting Senior Section 8 Project Based Voucher waiting list applications for 1-Bedroom apartments at Mark Elrod Tower Apartments from November 13, 2023, at 8:30 am ET, until further notice. This is the first time the waiting list has been open since it closed in September, 2023.
There are two ways to apply while the waiting list is open:
Preferences have not yet been confirmed.
It is not known how applicants will be placed on the waiting list.
For more information, visit the NAHA website.
Sources: This information was verified by the NAHA public notice on November 9, 2023.
Go to the public housing authority page for this waiting list >>
Mark Elrod and Riverview Towers are high rise buildings. Mark Elrod 55+
This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since Mark Elrod and Riverview Towers participates in the Public Housing program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,850 / year | $21,550 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year | $55,650 / year | $59,250 / year |
| 50% AMI for PBRA Units | $31,400 / year | $35,900 / year | $40,400 / year | $44,850 / year | $48,450 / year | $52,050 / year | $55,650 / year | $59,250 / year |
| 80% AMI for PBRA Units | $50,250 / year | $57,400 / year | $64,600 / year | $71,750 / year | $77,500 / year | $83,250 / year | $89,000 / year | $94,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Mark Elrod and Riverview Towers have a waiting list?
Mark Elrod and Riverview Towers has a waiting list. See above for waiting list details.
Are rents subsidized at Mark Elrod and Riverview Towers?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
In addition to Mark Elrod and Riverview Towers, how many other affordable housing properties (and units) are there in New Albany?
In addition to Mark Elrod and Riverview Towers, we list 43 other affordable properties in New Albany. Learn about these properties here. Our data research shows that there are a total of 1801 affordable units in New Albany.
When was the Mark Elrod and Riverview Towers listing last updated?
Mark Elrod and Riverview Towers listing on Affordable Housing Online was last updated on 11/10/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
200 Village Dr W, New Albany, Indiana 47150
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