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Homewood Village

2173 Carolina Street, Gary, Indiana 46407

Family community offering two (2) and four (4) bedroom units. Income restrictions apply.

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Waiting List is Open Now

The Homewood Village waiting list is currently open until further notice.

Last updated on October 23rd, 2019

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
4 Bedroom (4/2) - Call for Price

Homewood Village Details

  • 92 two and four bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance
  • Family Self-Sufficiency

Unit Amenities

  • Air Conditioning
  • Cable Ready

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Family Self-Sufficiency

The local public housing authority provides services to help families receiving housing through the Housing Choice Voucher program, public housing, or Section 8 Project-Based Rental Assistance achieve economic independence and reduce dependence on welfare assistance and rental subsidies.

Homewood Village is managed by Evergreen Real Estate Group.

Image of Homewood Village
Image of Homewood Village

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