7110 Township Line Rd, Indianapolis, IN 46260
Waiting List Forecast: Likely Long or Closed
Verified for 2021 by Gene B. Glick Marketing, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 1.5 Bath | 690 - 1,248 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Cambridge Square North Apartments is an affordable apartment community on the Northwest side of Indianapolis, IN. Our community is pet-friendly and offers one and two bedroom apartments and two and three bedroom townhomes. Garden style one bedroom apartment homes are also available for persons 55 years and older. This community offers two types of housing programs; therefore eligibility and rents will vary and may be determined by government regulations. Our community is conveniently located on the IndyGo bus line with direct access to I-465 or downtown Indianapolis off Michigan Road near shopping, dining, and entertainment. Cambridge Square North also offers several community amenities including a community center, multiple playgrounds, and a gazebo. The apartment homes feature complimentary gas and water utilities (in select apartments), large living and dining spaces, and a cafe-style balcony or partially fenced patios. This community is managed by the Gene B. Glick Company.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Cambridge Square North is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (55 yrs. +) (1/1) | 690ft2 | Call for Price† |
| 1 Bedroom (1/1) | 710ft2 | Call for Price† |
| 2 Bedroom (2/1) | 860ft2 | Call for Price† |
| 2 Bedroom Townhouse (2/1.5) | 920ft2 | Call for Price† |
| 3 Bedroom Townhouse (3/1.5) | 1248ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,300 / year | $23,200 / year | $26,100 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year | $52,250 / year | $56,100 / year |
| 50% AMI for PBRA Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year | $52,250 / year | $56,100 / year |
| 80% AMI for PBRA Units | $54,150 / year | $61,900 / year | $69,650 / year | $77,350 / year | $83,550 / year | $89,750 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cambridge Square North have a waiting list?
Cambridge Square North probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Cambridge Square North?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Cambridge Square North?
Cambridge Square North is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.
In addition to Cambridge Square North, how many other affordable housing properties (and units) are there in Indianapolis?
In addition to Cambridge Square North, we list 319 other affordable properties in Indianapolis. Learn about these properties here. Our data research shows that there are a total of 22718 affordable units in Indianapolis.
More people usually means more waiting lists.
Areas with the highest populations tend to have the most amount of waiting list opportunities.Courtney Cannon Scott says:
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