About This Property
Hamilton Oaks Apts offers 16 low-income residential units in French Lick, Indiana, comprising four one-bedroom and twelve two-bedroom apartments. The property has been in service since 1990 and serves Orange County residents seeking affordable housing options.
Property Details
Fair Market Rent - Orange 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 | $657 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,216 |
| 4 Bedroom | $1,304 |
Income Limits - Orange 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 French Lick, IN?+
The Fair Market Rent (FMR) for Orange County, IN is: $600 (Studio), $657 (1BR), $863 (2BR), $1216 (3BR), $1304 (4BR). Actual rent at subsidized properties like Hamilton Oaks Apts is typically 30% of household income or less.
What size apartments are available at Hamilton Oaks Apts?+
Hamilton Oaks Apts offers the following unit types: 4 One-Bedroom, 12 Two-Bedroom units, for a total of 16 units.
What is the price range for apartments in French Lick, IN?+
Based on Fair Market Rent for Orange County, the estimated price range is: 1-bedroom: $657, 2-bedroom: $863. Actual rent at Hamilton Oaks Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Orange County, IN?+
For a 4-person household in Orange 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.
How do I apply for housing at Hamilton Oaks Apts?+
Hamilton Oaks 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 Hamilton Oaks Apts?+
Hamilton Oaks Apts is managed by . You can reach them at . Visit their website for more information.