Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Rose Court Apts

720 S 14th St, New Castle, IN, 47362

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Rose Court Apts provides 20 low-income housing units in New Castle, Indiana, with a mix of one-, two-, and three-bedroom floor plans. The property has been in service since 1998 and receives funding through the HOME program. Eight one-bedroom, eight two-bedroom, and four three-bedroom units are available.

Waitlist Information

Waitlist managed by New Castle Housing Authority

Public Housing Waitlist
Open
Apply: Online or In-person

Preferences are given to homeless/displaced individuals, elderly, veterans, and Henry County residents; applicants must be 18 or older, and seniors (age 50+, with preference for 61+) or adults with disabilities are eligible for specific communities.

Last verified February 19, 2026
Section 8 (HCV) Waitlist
Closed
Apply: Multiple

The waitlist was last open from August 20, 2019, until August 23, 2019; preferences have not been confirmed, and a random lottery was used for placement.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
20
1 Bedroom
8
2 Bedroom
8
3 Bedroom
4

Fair Market Rent - Henry County, IN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$678
1 Bedroom$682
2 Bedroom$863
3 Bedroom$1,083
4 Bedroom$1,204

Income Limits - Henry County, IN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$14,050
Very Low (50%)
$23,400
Low (80%)
$37,450
2 Persons
Extremely Low (30%)
$17,420
Very Low (50%)
$26,750
Low (80%)
$42,800
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$30,100
Low (80%)
$48,150
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$33,400
Low (80%)
$53,450
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$36,100
Low (80%)
$57,750
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$38,750
Low (80%)
$62,050
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$41,450
Low (80%)
$66,300
8 Persons
Extremely Low (30%)
$44,100
Very Low (50%)
$44,100
Low (80%)
$70,600

Tax Credit Program Details

Year Placed in Service
1998
Low-Income Units
20 / 20
Funding Programs
HOME

Frequently Asked Questions

What is the average rent for affordable housing in New Castle, IN?+

The Fair Market Rent (FMR) for Henry County, IN is: $678 (Studio), $682 (1BR), $863 (2BR), $1083 (3BR), $1204 (4BR). Actual rent at subsidized properties like Rose Court Apts is typically 30% of household income or less.

What size apartments are available at Rose Court Apts?+

Rose Court Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom, 4 Three-Bedroom units, for a total of 20 units.

What are the income limits for affordable housing in Henry County, IN?+

For a 4-person household in Henry 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.

How do I apply for housing at Rose Court Apts?+

Rose Court 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 New Castle, IN?+

Based on Fair Market Rent for Henry County, the estimated price range is: 1-bedroom: $682, 2-bedroom: $863, 3-bedroom: $1083. Actual rent at Rose Court Apts may be lower for income-eligible households.

Who manages Rose Court Apts?+

Rose Court Apts is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Rose Court Apts?+

Public Housing waitlist is currently Open. 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.

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Walk Score

Somewhat Walkable

66
Walk
53
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Henry County, IN

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