About This Property
Riverside Villas comprises 15 units in Columbia City, Indiana, offering a mix of nine one-bedroom and seven two-bedroom apartments. The property has served as low-income housing since its placement in service in 1990. This Whitley County development contains 16 designated low-income units.
Property Details
Fair Market Rent - Whitley 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 | $826 |
| 1 Bedroom | $895 |
| 2 Bedroom | $1,089 |
| 3 Bedroom | $1,379 |
| 4 Bedroom | $1,499 |
Income Limits - Whitley County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,200
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,800
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,400
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,950
- Low (80%)
- $57,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,850
- Low (80%)
- $62,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,750
- Low (80%)
- $66,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,600
- Low (80%)
- $71,300
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,500
- Low (80%)
- $75,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,200 | $40,250 |
| 2 Persons | $17,420 | $28,800 | $46,000 |
| 3 Persons | $21,960 | $32,400 | $51,750 |
| 4 Persons | $26,500 | $35,950 | $57,500 |
| 5 Persons | $31,040 | $38,850 | $62,100 |
| 6 Persons | $35,580 | $41,750 | $66,700 |
| 7 Persons | $40,120 | $44,600 | $71,300 |
| 8 Persons | $44,660 | $47,500 | $75,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Columbia City, IN?+
The Fair Market Rent (FMR) for Whitley County, IN is: $826 (Studio), $895 (1BR), $1089 (2BR), $1379 (3BR), $1499 (4BR). Actual rent at subsidized properties like Riverside Villas is typically 30% of household income or less.
What size apartments are available at Riverside Villas?+
Riverside Villas offers the following unit types: 9 One-Bedroom, 7 Two-Bedroom units, for a total of 15 units.
What is the price range for apartments in Columbia City, IN?+
Based on Fair Market Rent for Whitley County, the estimated price range is: 1-bedroom: $895, 2-bedroom: $1089. Actual rent at Riverside Villas may be lower for income-eligible households.
What are the income limits for affordable housing in Whitley County, IN?+
For a 4-person household in Whitley County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,950, Low Income (80% AMI): $57,500. These limits are set by HUD and updated annually.
How do I apply for housing at Riverside Villas?+
Riverside Villas 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.
Who manages Riverside Villas?+
Riverside Villas is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.