About This Property
Village Green IV offers 30 one-bedroom units designated for low-income households in Decatur, Indiana. The property has served Adams County residents since 1989. All 30 units are available for eligible low-income tenants.
Property Details
Fair Market Rent - Adams County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $652 |
| 1 Bedroom | $657 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,108 |
| 4 Bedroom | $1,149 |
Income Limits - Adams County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Decatur, IN?+
The Fair Market Rent (FMR) for Adams County, IN is: $652 (Studio), $657 (1BR), $863 (2BR), $1108 (3BR), $1149 (4BR). Actual rent at subsidized properties like Village Green Iv is typically 30% of household income or less.
What size apartments are available at Village Green Iv?+
Village Green Iv offers the following unit types: 30 One-Bedroom units, for a total of 30 units.
Who manages Village Green Iv?+
Village Green Iv is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Adams County, IN?+
For a 4-person household in Adams County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
What is the price range for apartments in Decatur, IN?+
Based on Fair Market Rent for Adams County, the estimated price range is: 1-bedroom: $657. Actual rent at Village Green Iv may be lower for income-eligible households.
How do I apply for housing at Village Green Iv?+
Village Green Iv is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.