About This Property
Prescott Greene offers 32 low-income units in Bunker Hill, Indiana, with a mix of 16 one-bedroom and 16 two-bedroom apartments designed to serve families. The property has been in service since 2013 and is funded through the 9% Low-Income Housing Tax Credit program. Interested applicants can contact the property management office for information about availability and lease terms.
Property Details
Fair Market Rent - Miami 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 | $600 |
| 1 Bedroom | $692 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,112 |
| 4 Bedroom | $1,383 |
Income Limits - Miami 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 Bunker Hill, IN?+
The Fair Market Rent (FMR) for Miami County, IN is: $600 (Studio), $692 (1BR), $863 (2BR), $1112 (3BR), $1383 (4BR). Actual rent at subsidized properties like Prescott Greene is typically 30% of household income or less.
What size apartments are available at Prescott Greene?+
Prescott Greene offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 32 units.
Who manages Prescott Greene?+
Prescott Greene is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Prescott Greene?+
Prescott Greene 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 Bunker Hill, IN?+
Based on Fair Market Rent for Miami County, the estimated price range is: 1-bedroom: $692, 2-bedroom: $863. Actual rent at Prescott Greene may be lower for income-eligible households.
What are the income limits for affordable housing in Miami County, IN?+
For a 4-person household in Miami 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.
Who is eligible to live at Prescott Greene?+
Prescott Greene primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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