Covered Bridge Apartments

569 West 150 South #100, Washington, IN 47501

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Mark Valenti
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
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.

Accepting applications please call for more information.

Dave's Thoughts On Covered Bridge Apartments

Because Covered Bridge Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Covered Bridge Apartments

*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
50% AMI for LIHTC Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year $48,950 / year $52,100 / year
50% AMI for PBRA Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year $48,950 / year $52,100 / year
60% AMI for LIHTC Units $33,180 / year $37,920 / year $42,660 / year $47,340 / year $51,180 / year $54,960 / year $58,740 / year $62,520 / year

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

FAQs for Covered Bridge Apartments

Does Covered Bridge Apartments have a waiting list?

Covered Bridge Apartments 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 Covered Bridge Apartments?

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 Covered Bridge Apartments?

Covered Bridge Apartments is managed by Valenti Real Estate Services, Inc. headquartered in Indianapolis, Indiana.

In addition to Covered Bridge Apartments, how many other affordable housing properties (and units) are there in Washington?

In addition to Covered Bridge Apartments, we list 6 other affordable properties in Washington. Learn about these properties here. Our data research shows that there are a total of 545 affordable units in Washington.

When was the Covered Bridge Apartments listing last updated?

Covered Bridge Apartments listing on Affordable Housing Online was last updated on 06/07/2024 by Mark Valenti. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Covered Bridge Apartments

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Washington Towers

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Pines Apartments of Washington

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Countryview Apartments Washington

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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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