About This Property
Lincoln Avenue Redevelopment offers 28 low-income residential units in Goshen, Indiana. The property, which has been in service since 2007, includes six studio apartments, nine one-bedroom units, and thirteen two-bedroom units. A variety of floor plans accommodates different household sizes and compositions.
Property Details
Fair Market Rent - Elkhart 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 | $849 |
| 1 Bedroom | $879 |
| 2 Bedroom | $1,102 |
| 3 Bedroom | $1,415 |
| 4 Bedroom | $1,468 |
Income Limits - Elkhart County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,200
- Very Low (50%)
- $23,650
- Low (80%)
- $37,800
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,000
- Low (80%)
- $43,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,400
- Low (80%)
- $48,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,750
- Low (80%)
- $54,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,450
- Low (80%)
- $58,350
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,850
- Low (80%)
- $67,000
- Extremely Low (30%)
- $44,550
- Very Low (50%)
- $44,550
- Low (80%)
- $71,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,200 | $23,650 | $37,800 |
| 2 Persons | $17,420 | $27,000 | $43,200 |
| 3 Persons | $21,960 | $30,400 | $48,600 |
| 4 Persons | $26,500 | $33,750 | $54,000 |
| 5 Persons | $31,040 | $36,450 | $58,350 |
| 6 Persons | $35,580 | $39,150 | $62,650 |
| 7 Persons | $40,120 | $41,850 | $67,000 |
| 8 Persons | $44,550 | $44,550 | $71,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Goshen, IN?+
The Fair Market Rent (FMR) for Elkhart County, IN is: $849 (Studio), $879 (1BR), $1102 (2BR), $1415 (3BR), $1468 (4BR). Actual rent at subsidized properties like Lincoln Avenue Redevelopment is typically 30% of household income or less.
What size apartments are available at Lincoln Avenue Redevelopment?+
Lincoln Avenue Redevelopment offers the following unit types: 6 Studio, 9 One-Bedroom, 13 Two-Bedroom units, for a total of 28 units.
What is the price range for apartments in Goshen, IN?+
Based on Fair Market Rent for Elkhart County, the estimated price range is: 1-bedroom: $879, 2-bedroom: $1102. Actual rent at Lincoln Avenue Redevelopment may be lower for income-eligible households.
Who manages Lincoln Avenue Redevelopment?+
Lincoln Avenue Redevelopment is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Elkhart County, IN?+
For a 4-person household in Elkhart County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,750, Low Income (80% AMI): $54,000. These limits are set by HUD and updated annually.
How do I apply for housing at Lincoln Avenue Redevelopment?+
Lincoln Avenue Redevelopment 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.
Contact Information
Walk Score
Very Walkable
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