Low Income (LIHTC)Waitlist Closed

Vision 1505

1505 N 3rd Ave Apt 4, Evansville, IN, 47710

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Vision 1505 is a 32-unit affordable housing property in Evansville, IN, serving Vanderburgh County residents. The community was placed in service in 1988 and continues to provide rental housing options. For inquiries or additional information, interested parties may contact the property management office.

Waitlist Information

Waitlist managed by Housing Authority of the City of Evansville

Public Housing Waitlist

Closed

All 888 units of public housing were converted to project-based vouchers through the RAD program.

Last verified April 14, 2026

Section 8 (HCV) Waitlist

Closed

Apply: Online or Mail

The 2024 Section 8 Housing Choice Voucher Wait List is closed. It is projected the waiting list will not open again for at least two years or more. For families who applied between July 6-8, 2021, the waiting list was still being finalized as of July 20, 2021. EHA uses a system-generated lottery selection process.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units

Fair Market Rent - Vanderburgh 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	$766
1 Bedroom	$850
2 Bedroom	$1,070
3 Bedroom	$1,360
4 Bedroom	$1,558

Income Limits - Vanderburgh County, IN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,000
Very Low (50%): $26,650
Low (80%): $42,650

2 Persons

Extremely Low (30%): $18,300
Very Low (50%): $30,450
Low (80%): $48,750

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $34,250
Low (80%): $54,850

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $38,050
Low (80%): $60,900

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $41,100
Low (80%): $65,800

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $44,150
Low (80%): $70,650

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $47,200
Low (80%): $75,550

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $50,250
Low (80%): $80,400

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,000	$26,650	$42,650
2 Persons	$18,300	$30,450	$48,750
3 Persons	$21,960	$34,250	$54,850
4 Persons	$26,500	$38,050	$60,900
5 Persons	$31,040	$41,100	$65,800
6 Persons	$35,580	$44,150	$70,650
7 Persons	$40,120	$47,200	$75,550
8 Persons	$44,660	$50,250	$80,400

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

0 / 32

Frequently Asked Questions

What is the average rent for affordable housing in Evansville, IN?+

The Fair Market Rent (FMR) for Vanderburgh County, IN is: $766 (Studio), $850 (1BR), $1070 (2BR), $1360 (3BR), $1558 (4BR). Actual rent at subsidized properties like Vision 1505 is typically 30% of household income or less.

What are the income limits for affordable housing in Vanderburgh County, IN?+

For a 4-person household in Vanderburgh County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,050, Low Income (80% AMI): $60,900. These limits are set by HUD and updated annually.

How do I apply for housing at Vision 1505?+

Vision 1505 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.

Is there a waitlist for Vision 1505?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Vision 1505?+

Vision 1505 is managed by . You can reach them at . Visit their website for more information.

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