1502 E Spring St LIHTC New Albany, IN

Profile last updated · Data vintage: HUD LIHTC 2024

1502 E Spring St is a Low-Income Housing Tax Credit (LIHTC) community in New Albany, IN with 2 units. Rents are set relative to household income.

2
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address1502 E Spring St, New Albany, IN 47150 Map →
Tax-credit (LI) units2
Placed in service1989

How to apply at 1502 E Spring St

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 1502 E Spring St, New Albany; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in New Albany

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
St. Columba Senior Apartments LIHTCLouisville2.4 km
Portland Plaza PB Section 8Louisville2.4 km
Rowan Place Senior Residences LIHTCLouisville2.4 km
Louisville Historic Rising 2014 LIHTCLouisville2.4 km
Flaget Apts PB Section 8Louisville3.7 km
Fegenbush-whipps Mill Public HousingLouisville4.2 km
Millrun Apts LIHTCClarksville4.2 km
St Patrick Project LIHTCLouisville4.2 km

← All subsidized housing in New Albany

Frequently asked questions

What kind of subsidy does 1502 E Spring St have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at 1502 E Spring St?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at 1502 E Spring St?
Contact the management office at 1502 E Spring St in New Albany. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.