2101 N. COLLEGE AVE. INDIANAPOLIS, IN 46202, Indianapolis, IN 46202
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $550 - 734 per Month† | Studio - 2 Beds | 1 Bath | 473 - 1,200 Sq Ft |
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.
If you’re looking for an affordable location just north of the city’s center, Morton School Senior Apartments might just be the right fit for you. Historic School 29, dates back to 1890. It was named for Civil War-era Gov. Oliver P. Morton and is now remodeled to include 48 units that reflect the same respect and honor as it had when it was built.
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 Morton School Senior 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 473ft2 | $550† |
| One Bedroom (1/1) | 880ft2 | $635† |
| Two Bedroom (2/1) | 1200ft2 | $734† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year |
| 50% AMI for PBRA Units | $33,850 / year | $38,700 / year | $43,550 / year | $48,350 / year |
| 60% AMI for LIHTC Units | $40,620 / year | $46,440 / year | $52,260 / year | $58,020 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Morton School Senior Apartments have a waiting list?
Morton School Senior 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 Morton School Senior 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 Morton School Senior Apartments?
Morton School Senior Apartments is managed by TWG Development headquartered in Indianapolis, In.
In addition to Morton School Senior Apartments, how many other affordable housing properties (and units) are there in Indianapolis?
In addition to Morton School Senior Apartments, we list 612 other affordable properties in Indianapolis. Learn about these properties here. Our data research shows that there are a total of 22718 affordable units in Indianapolis.
8905 Evergreen Ave, Indianapolis, Indiana 46240
940 Wild Indigo Ln, Indianapolis, Indiana 46227
3402 N Meridian St, Indianapolis, Indiana 46208
3347 North Emerson Avenue, Indianapolis, Indiana 46218
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Linda Kenney says:
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