11245 Lantern Road, Fishers, IN 46038
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 682 - 988 Sq Ft |
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.
Come to SouthPointe Village to see a FIRST in Fishers AND Indiana! SouthPointe Village provides beautiful, affordable apartments in the heart of Fishers while combining 4 service providers for individuals with disabilities under one roof!
Located in the heart of downtown Fishers, one of Indiana’s fastest-growing cities, SouthPointe Village makes it affordable to live close to great jobs and award-winning schools. In partnership with Janus, Opportunities for Positive Growth, Outside the Box, and Insights Consulting Community Groups, SouthPointe Village also offers supportive housing for individuals with disabilities.
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 SouthPointe Village Apartments 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 682ft2 | Call for Price† |
| 2 Bedroom (2/1) | 988ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year |
| 50% AMI for PBRA Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year |
| 60% AMI for LIHTC Units | $40,620 / year | $46,440 / year | $52,260 / year | $58,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does SouthPointe Village Apartments have a waiting list?
SouthPointe Village Apartments 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 SouthPointe Village Apartments?
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 SouthPointe Village Apartments?
SouthPointe Village Apartments is managed by Real America headquartered in Indianapolis, Indiana.
In addition to SouthPointe Village Apartments, how many other affordable housing properties (and units) are there in Fishers?
In addition to SouthPointe Village Apartments, we list 5 other affordable properties in Fishers. Learn about these properties here. Our data research shows that there are a total of 294 affordable units in Fishers.
When was the SouthPointe Village Apartments listing last updated?
SouthPointe Village Apartments listing on Affordable Housing Online was last updated on 02/21/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
10225 Stage Coach Trl, Fishers, Indiana 46037
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.Wilma Dupree says:
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