Homes of Evansville II

Various Sites within Evansville , Evansville, Indiana 47807

Contact Homes of Evansville II

Homes of Evansville II is a second phase to a comprehensive neighborhood revitalization development including 35 three- and four-bedroom single family homes and 14 three-bedroom duplexes located next to the existing Homes of Evansville I. This green development provides high quality, affordable homes that promote individuality to the residents by offering a long term lease-to-purchase option. Rents are targeted between 30% and 60% of area median income. Homes of Evansville II provides a high quality affordable housing option that complements and is virtually indistinguishable from the other for sale homes being developed and sold in the same area. The homes exceed the IHCDA Minimum Development Standards for new construction buildings including Special Housing Needs. Additionally, Homes of Evansville II has been designed to incorporate the Enterprise Green Communities (+10 over minimum) for energy efficiency and recaptures 50% of the rainwater on site. The homes feature energy star appliances and fixtures, dual flush toilets, contemporary open floor plans, and pre-wired security systems.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	882	Call for Price
3 Bedroom- Apartment (3/1.5)	1080	Call for Price
3 Bedroom Duplex (3/1.5)	1120	Call for Price
3 Bedroom Home (3/2)	1251	Call for Price
4 Bedroom (4/2)	1286	Call for Price

Eligibility for Homes of Evansville II

Homes of Evansville II Details

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

Property Amenities

Community Room
Business Center

Unit Amenities

Fully Equipped Kitchen
Full-Size Washer & Dryer Connections

Office Hours

Day	Hours
Monday	8:30am-5:00pm
Tuesday	8:30am-5:00pm
Wednesday	8:30am-5:00pm
Thursday	8:30am-5:00pm
Friday	8:30am-5:00pm

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.