Mark Elrod and Riverview Towers

500 Scribner Dr, New Albany, IN 47150

Waiting List Forecast: Open Until Further Notice

check_circleVerified for 2023 by Lorena Bentley
Rent Beds Baths SqFt
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Waitlist Information

Mark Elrod Tower, 1-Bedroom Waiting List

Go to the public housing authority page for this waiting list >>

Mark Elrod and Riverview Towers are high rise buildings. Mark Elrod 55+

Dave's Thoughts On Mark Elrod and Riverview Towers

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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Mark Elrod and Riverview Towers

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
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.

FAQs for Mark Elrod and Riverview Towers

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 17 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.

Listings Near Mark Elrod and Riverview Towers

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4202 Grant Line Rd, New Albany, Indiana 47150

Valley Ridge Apartments

200 Village Dr W, New Albany, Indiana 47150

Muir Manor Apartments

1302 E Spring St, New Albany, Indiana 47150

Center Place III

200 Mosier Ave, New Albany, Indiana 47150

Manor House Apartments

715 Scribner Dr, New Albany, Indiana 47150

Cross Creek Apartments

2606 Green Valley Rd, New Albany, Indiana 47150

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.