About This Property
Romweber Flats I comprises 54 low-income units serving elderly residents in Batesville, Indiana. The property offers 37 one-bedroom and 17 two-bedroom units and has been in service since 2012 under 9% LIHTC financing. The community is currently managed and available for occupancy.
Property Details
Fair Market Rent - Ripley 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 | $617 |
| 1 Bedroom | $673 |
| 2 Bedroom | $884 |
| 3 Bedroom | $1,216 |
| 4 Bedroom | $1,282 |
Income Limits - Ripley County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,500
- Low (80%)
- $39,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,000
- Low (80%)
- $44,750
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,500
- Low (80%)
- $50,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,550
- Low (80%)
- $64,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,350
- Low (80%)
- $69,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,150
- Low (80%)
- $73,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,500 | $39,150 |
| 2 Persons | $17,420 | $28,000 | $44,750 |
| 3 Persons | $21,960 | $31,500 | $50,350 |
| 4 Persons | $26,500 | $34,950 | $55,900 |
| 5 Persons | $31,040 | $37,750 | $60,400 |
| 6 Persons | $35,580 | $40,550 | $64,850 |
| 7 Persons | $40,120 | $43,350 | $69,350 |
| 8 Persons | $44,660 | $46,150 | $73,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Batesville, IN?+
The Fair Market Rent (FMR) for Ripley County, IN is: $617 (Studio), $673 (1BR), $884 (2BR), $1216 (3BR), $1282 (4BR). Actual rent at subsidized properties like Romweber Flats I is typically 30% of household income or less.
What size apartments are available at Romweber Flats I?+
Romweber Flats I offers the following unit types: 37 One-Bedroom, 17 Two-Bedroom units, for a total of 54 units.
What is the price range for apartments in Batesville, IN?+
Based on Fair Market Rent for Ripley County, the estimated price range is: 1-bedroom: $673, 2-bedroom: $884. Actual rent at Romweber Flats I may be lower for income-eligible households.
Who manages Romweber Flats I?+
Romweber Flats I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Romweber Flats I?+
Romweber Flats I 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 Ripley County, IN?+
For a 4-person household in Ripley County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $34,950, Low Income (80% AMI): $55,900. These limits are set by HUD and updated annually.
Who is eligible to live at Romweber Flats I?+
Romweber Flats I primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Romweber Flats I
Canterbury House Apts Batesville
Batesville, IN
64 UnitsCanterbury House Apts (Batesville)
Batesville, IN
64 UnitsLammers Pike Lp
Batesville, IN
33 UnitsRomweber Flats Ii
Batesville, IN
30 UnitsMcnair Manor
Batesville, IN
46 Units