About This Property
Shirley Villas provides 10 two-bedroom units for low-income households in Shirley, Indiana. The property has been in service since 1991 and is situated in Henry County. All units are designated for low-income residents.
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- 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 Shirley, 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 Shirley Villas is typically 30% of household income or less.
What size apartments are available at Shirley Villas?+
Shirley Villas offers the following unit types: 10 Two-Bedroom units, for a total of 10 units.
How do I apply for housing at Shirley Villas?+
Shirley Villas 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 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.
What is the price range for apartments in Shirley, IN?+
Based on Fair Market Rent for Henry County, the estimated price range is: 2-bedroom: $863. Actual rent at Shirley Villas may be lower for income-eligible households.
Who manages Shirley Villas?+
Shirley Villas is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Henry County, IN
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