About This Property
Forest Place Senior Apts offers 24 one-bedroom units designed for elderly residents in Culver, Indiana. The property has been in service since 1990 and provides housing for low-income seniors. Financing for the development includes tax-exempt bonds.
Property Details
Fair Market Rent - Marshall 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 | $616 |
| 1 Bedroom | $727 |
| 2 Bedroom | $886 |
| 3 Bedroom | $1,168 |
| 4 Bedroom | $1,293 |
Income Limits - Marshall County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,750
- Low (80%)
- $38,000
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,150
- Low (80%)
- $43,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,550
- Low (80%)
- $48,850
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,900
- Low (80%)
- $54,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,650
- Low (80%)
- $58,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,350
- Low (80%)
- $62,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,050
- Low (80%)
- $67,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,750
- Low (80%)
- $71,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,750 | $38,000 |
| 2 Persons | $17,420 | $27,150 | $43,400 |
| 3 Persons | $21,960 | $30,550 | $48,850 |
| 4 Persons | $26,500 | $33,900 | $54,250 |
| 5 Persons | $31,040 | $36,650 | $58,600 |
| 6 Persons | $35,580 | $39,350 | $62,950 |
| 7 Persons | $40,120 | $42,050 | $67,300 |
| 8 Persons | $44,660 | $44,750 | $71,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Culver, IN?+
The Fair Market Rent (FMR) for Marshall County, IN is: $616 (Studio), $727 (1BR), $886 (2BR), $1168 (3BR), $1293 (4BR). Actual rent at subsidized properties like Forest Place Senior Apts is typically 30% of household income or less.
What size apartments are available at Forest Place Senior Apts?+
Forest Place Senior Apts offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Marshall County, IN?+
For a 4-person household in Marshall County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,900, Low Income (80% AMI): $54,250. These limits are set by HUD and updated annually.
What is the price range for apartments in Culver, IN?+
Based on Fair Market Rent for Marshall County, the estimated price range is: 1-bedroom: $727. Actual rent at Forest Place Senior Apts may be lower for income-eligible households.
How do I apply for housing at Forest Place Senior Apts?+
Forest Place Senior 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.
Who manages Forest Place Senior Apts?+
Forest Place Senior Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Forest Place Senior Apts?+
Forest Place Senior Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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Nearby Schools
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