Waters Edge Apartments I

20 Red Oak Way, Austin, Indiana 47102

Contact Waters Edge Apartments I

Easy to find quality 1, 2 and 3 bedroom with 2 baths. Laundry room hook-ups, dishwasher and lots of closets.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	850	Call for Price
Three Bedroom (3/2)	1000	Call for Price

Eligibility for Waters Edge Apartments I

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Austin but actual income limits may differ for units at Waters Edge Apartments I.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$27,650	$31,600	$35,550	$39,450	$42,650	$45,800
Low Income (60%)	$33,180	$37,920	$42,660	$47,340	$51,180	$54,960

Waters Edge Apartments I Details

40 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Laundry Room
Off-Street Parking
Rural Area

Unit Amenities

Air Conditioning
Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Cable Ready
Walk-in Closet(s)
Window Coverings
Carpet
Patio Deck Or Balcony
Scenic View

Nearby Amenities

Close to Business District
Close to Public Transportation

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.