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Header: Affordable Housing Option in Bunker Hill, IN Introduction: Prescott Greene offers low-income housing options through the Low-Income Housing Tax Credit (LIHTC) program. These rental apartments come with program rent and income restrictions to ensure affordability for qualified individuals and families. Incentives for Affordable Housing: The LIHTC program provides incentives to builders and developers to create affordable housing options for low-income individuals. By participating in this program, Prescott Greene aims to assist those with limited financial resources. Adjustments Based on Area Median Income (AMI): The maximum rent at Prescott Greene is determined by the Area Median Income (AMI). However, it's important to note that for some individuals with extremely low incomes, the AMI-based rent may still be unaffordable. It is advisable to check the current rental rates to determine if it aligns with your budget. Apartment Details: Prescott Greene comprises 32 one and two bedroom low-income apartments. These units are designed to meet the specific housing needs of individuals and families with limited financial means. Office Hours and Waiting Lists: The office operates on Tuesdays and Wednesdays from 9 am to 5 pm. Given the high demand for affordable housing, waiting lists are common in most apartment complexes. However, interested individuals are encouraged to contact the management directly at the provided number to inquire about application process and qualification criteria.
314 E. Washington St., Bunker Hill, IN 46914
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