About This Property
Martin House Villas I contains 10 two-bedroom units designated as low-income housing in Ligonier, Indiana. The property has been in service since 1990 and operates in Noble County.
Property Details
Fair Market Rent - Noble 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 | $594 |
| 1 Bedroom | $667 |
| 2 Bedroom | $877 |
| 3 Bedroom | $1,077 |
| 4 Bedroom | $1,397 |
Income Limits - Noble 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ligonier, IN?+
The Fair Market Rent (FMR) for Noble County, IN is: $594 (Studio), $667 (1BR), $877 (2BR), $1077 (3BR), $1397 (4BR). Actual rent at subsidized properties like Martin House Villas I is typically 30% of household income or less.
What size apartments are available at Martin House Villas I?+
Martin House Villas I offers the following unit types: 10 Two-Bedroom units, for a total of 10 units.
What are the income limits for affordable housing in Noble County, IN?+
For a 4-person household in Noble 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 Ligonier, IN?+
Based on Fair Market Rent for Noble County, the estimated price range is: 2-bedroom: $877. Actual rent at Martin House Villas I may be lower for income-eligible households.
How do I apply for housing at Martin House Villas I?+
Martin House Villas I 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 Martin House Villas I?+
Martin House Villas I is managed by . You can reach them at . Visit their website for more information.