About This Property
Riverwood Commons is a 24-unit affordable housing community in Winamac, IN that has been serving residents since 2001. All units are one-bedroom apartments designated for low-income households. The property was developed with HOME program funding.
Property Details
Fair Market Rent - Pulaski 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 | $769 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,146 |
| 4 Bedroom | $1,465 |
Income Limits - Pulaski 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 Winamac, IN?+
The Fair Market Rent (FMR) for Pulaski County, IN is: $600 (Studio), $769 (1BR), $863 (2BR), $1146 (3BR), $1465 (4BR). Actual rent at subsidized properties like Riverwood Commons is typically 30% of household income or less.
What size apartments are available at Riverwood Commons?+
Riverwood Commons offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Pulaski County, IN?+
For a 4-person household in Pulaski 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 manages Riverwood Commons?+
Riverwood Commons is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Riverwood Commons?+
Riverwood Commons 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 Winamac, IN?+
Based on Fair Market Rent for Pulaski County, the estimated price range is: 1-bedroom: $769. Actual rent at Riverwood Commons may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.