150 Beaumont Circle, Brownsburg, IN 46112
Waiting List Forecast: Likely Short or None
Verified for 2024 by Gene B. Glick Marketing, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,012 - 1,211 per Month† | 1 - 3 Beds | 1 - 2 Baths | - |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Brownsburg Pointe provides affordable housing in Brownsburg, Indiana. We offer spacious one, two, and three-bedroom apartments. Our apartment homes feature self-cleaning ovens, large closets, private entrances, private locked storage, and handicap accessibility on the first floor. In our apartment community, you'll enjoy a variety of amenities such as a playground, clubhouse, pool, carports available, and more. Brownsburg Pointe is conveniently located near restaurants, shopping, and major highways, making it the perfect place to call home.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Brownsburg Pointe does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 811ft2 | $1,012† |
| Two Bedroom (2/2) | 986ft2 | $1,211† |
| Three Bedroom (3/2) | 1,181-1,213ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people |
|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 60% AMI for LIHTC Units | $40,620 / year | $46,440 / year | $52,260 / year | $58,020 / year | $62,700 / year | $67,320 / year | $72,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Brownsburg Pointe have a waiting list?
Brownsburg Pointe probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Brownsburg Pointe?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Brownsburg Pointe?
Brownsburg Pointe is managed by Gene B. Glick Company, Inc headquartered in Indianapolis, IN.
In addition to Brownsburg Pointe, how many other affordable housing properties (and units) are there in Brownsburg?
In addition to Brownsburg Pointe, we list 8 other affordable properties in Brownsburg. Learn about these properties here. Our data research shows that there are a total of 356 affordable units in Brownsburg.
When was the Brownsburg Pointe listing last updated?
Brownsburg Pointe listing on Affordable Housing Online was last updated on 04/18/2024 by Gene B. Glick Marketing. Remember, a property's status can change so you should contact the property to confirm.
2828 Redrock Rd W, Brownsburg, Indiana 46112
8121 McLavery Way, Brownsburg, Indiana 46112
81 Cedar Run Drive, Brownsburg, Indiana 46112
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."