Park Shore Commons

860 N Wells St, Gary, Indiana 46403

Welcome to Park Shore Commons! Enjoy city living and the comfort of a family atmosphere in this community.

Our spacious 1, 2 and 3 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For your pleasure, our community feature newly renovated units, on site laundry facilities, exercise room, playground for children, and a community room for events.

Enjoy the benefits of community living with the added perks of living minutes away from the Indiana Dunes. Park Shore Commons is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from Michigan City, casinos, and expressways that can connect you to the surrounding major cities and sites.

Call us today to make an appointment to see for yourself why Park Shore Commons should be your new home. We look forward to hearing from you!

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 565 Income Based
2 Bedroom (2/1) 848 Income Based
3 Bedroom (3/1.5) 1035 Income Based

Park Shore Commons Details

  • 246 one, two and three bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Fitness Center
  • Playground
  • Community Room
  • Landscaping
  • On-Site Laundry

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Spacious floor plans
  • Large Closets

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. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

Gary HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Gary but actual income limits may differ for units at Park Shore Commons.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,750 $20,250 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% $29,550 $33,800 $38,000 $42,200 $45,600 $49,000 $52,350 $55,750
80% $47,250 $54,000 $60,750 $67,500 $72,900 $78,300 $83,700 $89,100

Park Shore Commons is managed by Millennia Housing Management.

Image of Park Shore Commons
Image of Park Shore Commons

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