745 Ashwood Drive, Versailles, IN 47042
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 1.5 Bath | 584 - 1,352 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
At Country Wood Apartments, you'll discover your comfort is our number one priority thanks to our dependable maintenance and friendly staff. Country Wood Apartments is located just minutes from Downtown Versailles, great shopping and restaurants and only a few miles from Versailles State Park!
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Country Wood Apartments is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 584ft2 | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | 963ft2 | Rent is Based On Your Income† |
| 2 Bedroom (2/1.5) | 963ft2 | Rent is Based On Your Income† |
| 3 Bedroom (3/1.5) | 1214ft2 | Rent is Based On Your Income† |
| 4 Bedroom (4/1.5) | 1352ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $17,400 / year | $19,900 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $29,000 / year | $33,150 / year | $37,300 / year | $41,400 / year | $44,750 / year | $48,050 / year | $51,350 / year | $54,650 / year |
| 50% AMI for PBRA Units | $29,000 / year | $33,150 / year | $37,300 / year | $41,400 / year | $44,750 / year | $48,050 / year | $51,350 / year | $54,650 / year |
| 80% AMI for PBRA Units | $46,350 / year | $52,950 / year | $59,550 / year | $66,150 / year | $71,450 / year | $76,750 / year | $82,050 / year | $87,350 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Country Wood Apartments have a waiting list?
Country Wood Apartments probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Country Wood Apartments?
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.
What property management company manges Country Wood Apartments?
Country Wood Apartments is managed by Dominion Realty Inc headquartered in Indianapolis, Indiana.
In addition to Country Wood Apartments, how many other affordable housing properties (and units) are there in Versailles?
In addition to Country Wood Apartments, we list 6 other affordable properties in Versailles. Learn about these properties here. Our data research shows that there are a total of 168 affordable units in Versailles.
When was the Country Wood Apartments listing last updated?
Country Wood Apartments listing on Affordable Housing Online was last updated on 02/17/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
319 Gaslight Dr, Versailles, Indiana 47042
Know your rights as a Section 8 tenant.
In many areas, private landlords with an available unit can refuse interested tenants who have a Section 8 voucher. Check your local laws.Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."