400 W 12TH AVE, Gary, IN 46407
Waiting List Forecast: Likely Short or None
Verified for 2026 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Village of Hope provides a safe-haven to single mothers and families who may be homeless, have a mental illness or substance abuse issue. Eligible residents are welcome for as long as they need, and some may become permanent residents. Each unit has its own identity and includes a small balcony overlooking a courtyard – providing residents with a small area of outdoor space to call their own. The courtyard itself is sheltered by the L-shaped building so that residents feel secure in all parts of the complex. In addition, community partners provide trustworthy education and training resources for residents that develop skills to lead independent, fulfilled lives.
Project-Based Vouchers
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 Village of Hope 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
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,800 / year | $21,450 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $31,300 / year | $35,750 / year | $40,200 / year | $44,650 / year | $48,250 / year | $51,800 / year | $55,400 / year | $58,950 / year |
| 50% AMI for PBRA Units | $31,300 / year | $35,750 / year | $40,200 / year | $44,650 / year | $48,250 / year | $51,800 / year | $55,400 / year | $58,950 / year |
| 80% AMI for PBRA Units | $50,050 / year | $57,200 / year | $64,350 / year | $71,450 / year | $77,200 / year | $82,900 / year | $88,600 / year | $94,350 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Village of Hope have a waiting list?
Village of Hope 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 Village of Hope ?
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 Village of Hope ?
Village of Hope is managed by TWG Development headquartered in Indianapolis, In.
In addition to Village of Hope , how many other affordable housing properties (and units) are there in Gary?
In addition to Village of Hope , 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.
When was the Village of Hope listing last updated?
Village of Hope listing on Affordable Housing Online was last updated on 07/06/2026 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
If you're a homeless veteran, contact your VA Medical Center.
You may have an opportunity to apply for a VASH voucher, which is a Section 8 voucher for homeless veterans.Takesha Powell says:
"Affordable Housing Online is a great resource that provides a lot of helpful links to get low-income and affordable housing."