Otterbein Commons

706 E. Oxford St. , Otterbein, IN 47970

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Connor Bailey, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 Bath -
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Otterbein Commons is an affordable apartment complex offering one bedroom units and a variety of amenities.

Dave's Thoughts On Otterbein Commons

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Otterbein Commons does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Otterbein Commons Amenities

  • Fitness Center
  • Playground
  • Basketball Court
  • Community Room
  • Ceiling Fan(s)
  • Central Air
  • Cable Ready
  • Storage
  • Community Media Center
  • Energy Star Appliances
  • Programmable Thermostats
  • Fully Equipped Kitchen
  • High Speed Internet Access
  • Full-Size Washer & Dryer Connections
  • Wall-to-Wall Carpeting
  • Resident Lounge

Units at Otterbein Commons

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) - Call for Price
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Income Qualification for Otterbein Commons

*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
50% AMI for LIHTC Units $29,300 / year $33,500 / year $37,700 / year $41,850 / year $45,200 / year $48,550 / year
50% AMI for PBRA Units $29,300 / year $33,500 / year $37,700 / year $41,850 / year $45,200 / year $48,550 / year
60% AMI for LIHTC Units $35,160 / year $40,200 / year $45,240 / year $50,220 / year $54,240 / year $58,260 / year

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

FAQs for Otterbein Commons

Does Otterbein Commons have a waiting list?

Otterbein Commons probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Otterbein Commons?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Otterbein Commons?

Otterbein Commons is managed by New Generation Management headquartered in Fort Wayne, IN.

In addition to Otterbein Commons, how many other affordable housing properties (and units) are there in Otterbein?

In addition to Otterbein Commons, we list 3 other affordable properties in Otterbein. Learn about these properties here. Our data research shows that there are a total of 68 affordable units in Otterbein.

Listings Near Otterbein Commons

Otterbein II Duplexes

501 W Ventura Street, Otterbein, Indiana

Otterbein Duplexes

403 W Darby Lane, Otterbein, Indiana

Campbell Duplexes (William H. Long)

309 N Laird, Otterbein, Indiana

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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