Museum Park

711 W 38th St, Indianapolis, IN 46205

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

Waitlist Forecast

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.

Dave's Thoughts On Museum Park

Because Museum Park participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Museum Park

*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	7 people	8 people
50% AMI for LIHTC Units	$33,850 / year	$38,700 / year	$43,550 / year	$48,350 / year	$52,250 / year	$56,100 / year	$60,000 / year	$63,850 / year
50% AMI for PBRA Units	$33,850 / year	$38,700 / year	$43,550 / year	$48,350 / year	$52,250 / year	$56,100 / year	$60,000 / year	$63,850 / year
60% AMI for LIHTC Units	$40,620 / year	$46,440 / year	$52,260 / year	$58,020 / year	$62,700 / year	$67,320 / year	$72,000 / year	$76,620 / year

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

FAQs for Museum Park

Does Museum Park have a waiting list?

Museum Park 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 Museum Park?

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.

In addition to Museum Park, how many other affordable housing properties (and units) are there in Indianapolis?

In addition to Museum Park, 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.