About This Property
Springtown Apts offers 20 units in Marengo, Indiana, with 19 designated as low-income housing. The property includes a mix of one-, two-, three-, and four-bedroom units that serve families, individuals with disabilities, and formerly homeless residents. Built in 2008, the community receives funding through HOME and operates under 9% LIHTC credit financing.
Property Details
Fair Market Rent - Crawford 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 | $600 |
| 1 Bedroom | $769 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,193 |
| 4 Bedroom | $1,297 |
Income Limits - Crawford 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 Marengo, IN?+
The Fair Market Rent (FMR) for Crawford County, IN is: $600 (Studio), $769 (1BR), $863 (2BR), $1193 (3BR), $1297 (4BR). Actual rent at subsidized properties like Springtown Apts is typically 30% of household income or less.
What size apartments are available at Springtown Apts?+
Springtown Apts offers the following unit types: 6 One-Bedroom, 6 Two-Bedroom, 6 Three-Bedroom, 2 Four-Bedroom units, for a total of 20 units.
Who is eligible to live at Springtown Apts?+
Springtown Apts primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Springtown Apts?+
Springtown Apts 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.
What is the price range for apartments in Marengo, IN?+
Based on Fair Market Rent for Crawford County, the estimated price range is: 1-bedroom: $769, 2-bedroom: $863, 3-bedroom: $1193. Actual rent at Springtown Apts may be lower for income-eligible households.
Who manages Springtown Apts?+
Springtown Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Crawford County, IN?+
For a 4-person household in Crawford 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.
Walk Score
Car-Dependent