About This Property
Towne Village Apts comprises 28 low-income rental units in Ligonier, Indiana, with 13 one-bedroom and 15 two-bedroom floor plans. The property has been in service since 2004 and receives funding through the HOME program. Interested parties can contact the property for additional information regarding availability and lease terms.
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 Towne Village Apts is typically 30% of household income or less.
What size apartments are available at Towne Village Apts?+
Towne Village Apts offers the following unit types: 13 One-Bedroom, 15 Two-Bedroom units, for a total of 28 units.
How do I apply for housing at Towne Village Apts?+
Towne Village 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 Towne Village Apts?+
Towne Village Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Ligonier, IN?+
Based on Fair Market Rent for Noble County, the estimated price range is: 1-bedroom: $667, 2-bedroom: $877. Actual rent at Towne Village Apts may be lower for income-eligible households.
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.