104 N 1st Street, Vincennes, IN 47591
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | 682 - 1,189 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.
RiverView Vincennes is home to 44 newly constructed units of affordable housing consisting of 22 three-bedroom single family homes and 22 one-bedroom apartments, located on the Vincennes Riverfront. Additionally, the community has third floor market rate condos with some river views. River View apartments are located in Downtown Vincennes, which is experiencing a resurgence of revitalization and growth! These affordable one-bedroom offer majestic views of the Wabash River, The George Rogers Clark Memorial National Park and The Old Cathedral. Residents can walk out of their front door with easy access to the new Vincennes River Walk and Farmer’s Market. Three-bedroom single family homes are scattered throughout the city of Vincennes and include energy efficient appliances, washers & dryers, and walk-in closets. Income restrictions apply.
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 River View Vincennes 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) | 682ft2 | Call for Price† |
| 3 Bedroom (3/1) | 1189ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,650 / year | $31,600 / year | $35,550 / year | $39,450 / year | $42,650 / year | $45,800 / year |
| 50% AMI for PBRA Units | $27,650 / year | $31,600 / year | $35,550 / year | $39,450 / year | $42,650 / year | $45,800 / year |
| 60% AMI for LIHTC Units | $33,180 / year | $37,920 / year | $42,660 / year | $47,340 / year | $51,180 / year | $54,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does River View Vincennes have a waiting list?
River View Vincennes 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 River View Vincennes?
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 River View Vincennes?
River View Vincennes is managed by Advantix Development Corporation headquartered in Evansville, IN.
In addition to River View Vincennes, how many other affordable housing properties (and units) are there in Vincennes?
In addition to River View Vincennes, we list 9 other affordable properties in Vincennes. Learn about these properties here. Our data research shows that there are a total of 684 affordable units in Vincennes.
When was the River View Vincennes listing last updated?
River View Vincennes listing on Affordable Housing Online was last updated on 02/20/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
145 Autumn Ridge Ln, Vincennes, Indiana 47591
1910 College Ave, Vincennes, Indiana 47591
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