335 E Churchman Pl, Beech Grove, IN 46107
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by Gene B. Glick Marketing, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 624 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 Apartments is in Beech Grove, Indiana and is an affordable community for residents 62+ years of age or disabled. Our community is a federally subsidized apartment community with rents and eligibility are determined by government regulations. We offer one bedroom apartment homes featuring spacious closets, partially fenced patios or cafe-style balconies, and free water and sanitation utilities. Cambridge Square is within walking distance to restaurants, shopping and banks and offers several community amenities, including a gazebo, picnic area, Service Coordinator, community room for events, and 24-hour emergency maintenance service. 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 Beech Grove Apartments 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 (1/1) | 624ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $20,300 / year | $23,200 / year | $26,100 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year | $52,250 / year | $56,100 / year | $60,000 / year | $63,850 / year |
| 50% AMI for PBRA Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year | $52,250 / year | $56,100 / year | $60,000 / year | $63,850 / year |
| 80% AMI for PBRA Units | $54,150 / year | $61,900 / year | $69,650 / year | $77,350 / year | $83,550 / year | $89,750 / year | $95,950 / year | $102,150 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cambridge Square Beech Grove Apartments have a waiting list?
Cambridge Square Beech Grove Apartments 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 Beech Grove Apartments?
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 Beech Grove Apartments?
Cambridge Square Beech Grove Apartments is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.
In addition to Cambridge Square Beech Grove Apartments, how many other affordable housing properties (and units) are there in Beech Grove?
In addition to Cambridge Square Beech Grove Apartments, we list 2 other affordable properties in Beech Grove. Learn about these properties here. Our data research shows that there are a total of 334 affordable units in Beech Grove.
When was the Cambridge Square Beech Grove Apartments listing last updated?
Cambridge Square Beech Grove Apartments listing on Affordable Housing Online was last updated on 09/18/2023 by Gene B. Glick Marketing. Remember, a property's status can change so you should contact the property to confirm.
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Hope Brown says:
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