Douglas Pointe Apartments

5525 Hyles Blvd, Hammond, IN 46320

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 660 - 1,008 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

This property is currently under construction.

Phase III is currently under construction and will consist of 64 new tax credit units.

Douglas Pointe Apartments is a beautiful gated community conveniently located in Historic Downtown Hammond and directly across the street from the Hammond Police Department. Their clubhouse area offers a newly constructed 24 hour fitness center for our resident use as well as a patio with fire pit and grilling section provided for nice relaxation after a workout!

Dave's Thoughts On Douglas Pointe Apartments

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 Douglas Pointe 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Douglas Pointe Apartments Amenities

  • Fitness Center
  • Business Center
  • Washer and Dryer Hookup
  • Private Patio and Balcony

Units at Douglas Pointe Apartments

Unit (Bd/Ba) Ft2 Rent
The Pullman (1/1) 660ft2 Call for Price
The Morton DP3 (2/1) 847ft2 Call for Price
The Morton (2/1) 847ft2 Call for Price
The Kingsley (3/2) 1008ft2 Call for Price

Income Qualification for Douglas Pointe Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people
50% AMI for LIHTC Units $31,300 / year $35,750 / year $40,200 / year $44,650 / year $48,250 / year $51,800 / year
50% AMI for PBRA Units $31,300 / year $35,750 / year $40,200 / year $44,650 / year $48,250 / year $51,800 / year
60% AMI for LIHTC Units $37,560 / year $42,900 / year $48,240 / year $53,580 / year $57,900 / year $62,160 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Douglas Pointe Apartments

Does Douglas Pointe Apartments have a waiting list?

Douglas Pointe 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 Douglas Pointe 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 Douglas Pointe Apartments?

Douglas Pointe Apartments is managed by Flaherty & Collins headquartered in Indianapolis, IN.

In addition to Douglas Pointe Apartments, how many other affordable housing properties (and units) are there in Hammond?

In addition to Douglas Pointe Apartments, we list 20 other affordable properties in Hammond. Learn about these properties here. Our data research shows that there are a total of 1395 affordable units in Hammond.

When was the Douglas Pointe Apartments listing last updated?

Douglas Pointe Apartments listing on Affordable Housing Online was last updated on 02/22/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Douglas Pointe Apartments

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switch_access_shortcut Short Wait
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Hammond Elderly Apartments

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Renaissance Towers

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920 Spruce Street

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payment $1500/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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