The Village Apartments offers affordable one, two, and three bedroom apartments on two levels. Conveniently located in Corydon, the apartment complex features a community room, computer access, laundry room, and playground. All apartments include dishwasher, microwave, and washer/dryer hookups.
This 88 unit apartment complex has easy access to State Highways 135 and 62, and US Interstate 64.
Water, sewer, and trash are included in rent. Housing Choice Vouchers for subsidized rental assistance are accepted.
No application fee.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | Call for Price |
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 Corydon but actual income limits may differ for units at Village Apartments of Corydon I & II.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $31,400 | $35,900 | $40,400 | $44,850 | $48,450 | $52,050 |
Low Income (60%) | $37,680 | $43,080 | $48,480 | $53,820 | $58,140 | $62,460 |
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.