995 Boundary Pike, Portland, IN 47371
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $468 - 524 per Month† | 1 - 2 Beds | 1 Bath | 606 - 720 Sq Ft |
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.
Country Place-Portland II is a friendly community that offers 1 and 2-bedroom apartments at a convenient location in Portland, Indiana. The spacious apartments include energy efficient electric appliances and washer/dryer hookups. Our community is tobacco-free and features a laundry facility, garages, and more. Country Place-Portland II is 5-minutes from the local school system, a 10-minute drive from shopping and dining, and is 5-minutes from the Hudson Family Park.
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 Portland II - Country Place 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 606ft2 | $468† |
| 2 Bedroom (2/1) | 720ft2 | $524† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,650 / year | $31,600 / year | $35,550 / year | $39,450 / year |
| 50% AMI for PBRA Units | $27,650 / year | $31,600 / year | $35,550 / year | $39,450 / year |
| 60% AMI for LIHTC Units | $33,180 / year | $37,920 / year | $42,660 / year | $47,340 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Portland II - Country Place have a waiting list?
Portland II - Country Place 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 Portland II - Country Place?
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 Portland II - Country Place?
Portland II - Country Place is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.
In addition to Portland II - Country Place, how many other affordable housing properties (and units) are there in Portland?
In addition to Portland II - Country Place, we list 9 other affordable properties in Portland. Learn about these properties here. Our data research shows that there are a total of 265 affordable units in Portland.
701 S Western Ave, Portland, Indiana 47371
985 Boundary Pike, Portland, Indiana 47371
430 W Lafayette St, Portland, Indiana 47371
401 Canterbury Lane, Portland, Indiana 47371
997 Boundary Pike, Portland, Indiana 47371
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