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 |
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 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.
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.
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.
Who manages Putnam County Housing?+
Putnam County Housing is managed by . You can reach them at . Visit their website for more information.