100 W 11th Ave, Gary, IN 46402
Waiting List Forecast: Likely Short or None
Verified for 2019 by Lorena Bentley, Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 Bath | - |
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.
Al Thomas Senior Living offers studio, 1-bedroom, and 2-bedroom units catering specifically to seniors 55 years and older. Building conveniences include two elevators, laundry facilities, a resident community center and on-site parking. Its central location just south of downtown Gary, provides residents with convenient access to a variety of area amenities including retail, restaurants, transportation and medical and financial services, many of which are within walking distance. Additionally, several parks and recreation areas are close by. Utilities are included.
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 Al Thomas Senior Living 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 |
|---|---|---|
| Studio (Studio/1) | - | Rent is Based On Your Income† |
| One Bedroom (1/1) | 525ft2 | Rent is Based On Your Income† |
| Two Bedroom (2/1) | 918ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,800 / year | $21,450 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $31,300 / year | $35,750 / year | $40,200 / year | $44,650 / year |
| 50% AMI for PBRA Units | $31,300 / year | $35,750 / year | $40,200 / year | $44,650 / year |
| 60% AMI for LIHTC Units | $37,560 / year | $42,900 / year | $48,240 / year | $53,580 / year |
| 80% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Al Thomas Senior Living have a waiting list?
Al Thomas Senior Living 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 Al Thomas Senior Living?
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 Al Thomas Senior Living?
Al Thomas Senior Living is managed by Leasing & Management Company, Inc.
In addition to Al Thomas Senior Living, how many other affordable housing properties (and units) are there in Gary?
In addition to Al Thomas Senior Living, we list 43 other affordable properties in Gary. Learn about these properties here. Our data research shows that there are a total of 5354 affordable units in Gary.
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