Sargent Place Trail Commons

713 N. Purdum St. Kokomo, IN , Kokomo, IN 46901

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Colleen Carter, Ric Gresia
Rent Beds Baths SqFt
Call for Rents 1 - 3 Beds 1 - 2 Baths 492 - 912 Sq Ft
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

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.

Sargent Place's primary focus is ending homelessness in Kokomo, Indiana. The development is a collaboration between Kokomo Housing Authority, Advantix Development Corporation, and Four County Counseling. Together, they serve the most at-risk population in Kokomo by identifying their needs, sheltering them permanently, and providing the resources for a successful life. All 35 units are fully furnished and project-based rental assistance is provided to each resident through IHCDA. 

Dave's Thoughts On Sargent Place Trail Commons

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 Sargent Place Trail Commons 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, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Sargent Place Trail Commons Amenities

  • Elevator
  • On-Site Manager
  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Microwave
  • Cable Ready
  • On-Site Social Services
  • On-Site Maintenance
  • Laundry Facilities
  • Energy Efficient Appliances
  • Community Center

Units at Sargent Place Trail Commons

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 492ft2 Call for Price
2 Bedroom (2/2) 687ft2 Call for Price
3 Bedroom (3/2) 912ft2 Call for Price

Income Qualification for Sargent Place Trail Commons

*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 $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year
50% AMI for PBRA Units $27,650 / year $31,600 / year $35,550 / year $39,450 / year $42,650 / year $45,800 / year
60% AMI for LIHTC Units $33,180 / year $37,920 / year $42,660 / year $47,340 / year $51,180 / year $54,960 / year

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

FAQs for Sargent Place Trail Commons

Does Sargent Place Trail Commons have a waiting list?

Sargent Place Trail Commons 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 Sargent Place Trail Commons?

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 Sargent Place Trail Commons?

Sargent Place Trail Commons is managed by Advantix Development Corporation headquartered in Evansville, IN.

In addition to Sargent Place Trail Commons, how many other affordable housing properties (and units) are there in Kokomo?

In addition to Sargent Place Trail Commons, we list 39 other affordable properties in Kokomo. Learn about these properties here. Our data research shows that there are a total of 2165 affordable units in Kokomo.

When was the Sargent Place Trail Commons listing last updated?

Sargent Place Trail Commons listing on Affordable Housing Online was last updated on 02/21/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Sargent Place Trail Commons

The Residences at Washington Street

400 North Washington Street, Kokomo, Indiana 46901

bed 1-2
payment $487-720/mo.

Lincolnwood Apartments I

2101 Mark Lane, Kokomo, Indiana 46902

bed 1-4
payment Subsidized

Trailside Townhomes

601-610 Ricketts Street and 124-1125 S. Union Street Kokomo, IN 46902, Kokomo, Indiana 46902

bed 3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Jackson Street Commons

322 E Jackson St, Kokomo, Indiana 46901

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Briarwick Apartments

536 Southlea Drive, Kokomo, Indiana 46902

payment Subsidized

Fox Acres Apartments

5038 S Webster Street, Kokomo, Indiana 46902

payment Subsidized
Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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