About This Property
Putnam County Housing comprises 30 three-bedroom units serving low-income households in Cloverdale, Indiana. The property has been in service since 1992 and is managed to provide affordable housing options in Putnam County.
Property Details
Fair Market Rent - Putnam 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 | $827 |
| 1 Bedroom | $855 |
| 2 Bedroom | $1,124 |
| 3 Bedroom | $1,503 |
| 4 Bedroom | $1,729 |
Income Limits - Putnam County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cloverdale, IN?+
The Fair Market Rent (FMR) for Putnam County, IN is: $827 (Studio), $855 (1BR), $1124 (2BR), $1503 (3BR), $1729 (4BR). Actual rent at subsidized properties like Putnam County Housing is typically 30% of household income or less.
What size apartments are available at Putnam County Housing?+
Putnam County Housing offers the following unit types: 30 Three-Bedroom units, for a total of 30 units.
What are the income limits for affordable housing in Putnam County, IN?+
For a 4-person household in Putnam County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Cloverdale, IN?+
Based on Fair Market Rent for Putnam County, the estimated price range is: 3-bedroom: $1503. Actual rent at Putnam County Housing may be lower for income-eligible households.
Who manages Putnam County Housing?+
Putnam County Housing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Putnam County Housing?+
Putnam County Housing 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.