About This Property
89 Lihc 117 is a single-unit affordable housing property in New Albany, Indiana that has been in service since 1989. The property contains one 2-bedroom low-income unit. This property is located in Floyd County.
Waitlist Information
Waitlist managed by Housing Authority of the City of New Albany
The waiting list for 2, 3, and 4-bedroom public housing units at Parkview Terrace, Broadmeade Terrace, Wm O. Vance Court, and Parkview Tower is currently closed.
The Section 8 Housing Choice Voucher waiting list is currently closed.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Floyd 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 | $976 |
| 1 Bedroom | $1,077 |
| 2 Bedroom | $1,301 |
| 3 Bedroom | $1,701 |
| 4 Bedroom | $1,955 |
Income Limits - Floyd County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,150
- Very Low (50%)
- $26,950
- Low (80%)
- $43,050
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,800
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,650
- Low (80%)
- $55,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,450
- Low (80%)
- $61,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,550
- Low (80%)
- $66,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,650
- Low (80%)
- $71,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,700
- Low (80%)
- $76,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,800
- Low (80%)
- $81,200
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,150 | $26,950 | $43,050 |
| 2 Persons | $18,450 | $30,800 | $49,200 |
| 3 Persons | $21,960 | $34,650 | $55,350 |
| 4 Persons | $26,500 | $38,450 | $61,500 |
| 5 Persons | $31,040 | $41,550 | $66,450 |
| 6 Persons | $35,580 | $44,650 | $71,350 |
| 7 Persons | $40,120 | $47,700 | $76,300 |
| 8 Persons | $44,660 | $50,800 | $81,200 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Albany, IN?+
The Fair Market Rent (FMR) for Floyd County, IN is: $976 (Studio), $1077 (1BR), $1301 (2BR), $1701 (3BR), $1955 (4BR). Actual rent at subsidized properties like 89 Lihc 117 is typically 30% of household income or less.
What size apartments are available at 89 Lihc 117?+
89 Lihc 117 offers the following unit types: 1 Two-Bedroom units, for a total of 1 units.
What is the price range for apartments in New Albany, IN?+
Based on Fair Market Rent for Floyd County, the estimated price range is: 2-bedroom: $1301. Actual rent at 89 Lihc 117 may be lower for income-eligible households.
Who manages 89 Lihc 117?+
89 Lihc 117 is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Floyd County, IN?+
For a 4-person household in Floyd County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,450, Low Income (80% AMI): $61,500. These limits are set by HUD and updated annually.
Is there a waitlist for 89 Lihc 117?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at 89 Lihc 117?+
89 Lihc 117 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
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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