2905 Westchester Lane, Lafayette, IN 47909
Waiting List Forecast: Likely Long or Closed
Verified for 2020 by Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
With new management, a new name, and 326 newly renovated apartment homes, there is plenty happening at Romney Meadows, formerly know as Claystone at the Crossing.
Claystone at the Crossing is now Romney Meadows.
With a generally low public perception of the property, new management had their work cut out for them when they purchased Claystone at the Crossing. But through determination and perseverance, the new property, now named Romney Meadows, is starting to become a highly desirable place to live. Romney Meadows is home to over 300 families and features 31 buildings with 326 units, 18 of which are ADA compliant. As an affordable housing community, Romney Meadows is situated perfectly within an abundance of community resources for residents.
Choice is the difference.
It’s not uncommon for people who struggle to afford housing to feel a lost sense of independence. Affordable housing, and Romney Meadows in particular, is an invaluable resource for families in those situations. An affordable place to live offers residents the chance to improve their financial standing and independence without fear of losing their homes, and subsequently, their jobs. The goals at Romney Meadows are to make choice a possibility for low-income families and to make Romney Meadows the affordable housing community of choice in Lafayette, Indiana.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Romney Meadows is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ 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 | $17,600 / year | $20,100 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $29,300 / year | $33,500 / year | $37,700 / year | $41,850 / year | $45,200 / year | $48,550 / year | $51,900 / year | $55,250 / year |
| 50% AMI for PBRA Units | $29,300 / year | $33,500 / year | $37,700 / year | $41,850 / year | $45,200 / year | $48,550 / year | $51,900 / year | $55,250 / year |
| 80% AMI for PBRA Units | $46,900 / year | $53,600 / year | $60,300 / year | $66,950 / year | $72,350 / year | $77,700 / year | $83,050 / year | $88,400 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Romney Meadows have a waiting list?
Romney Meadows probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Romney Meadows?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Romney Meadows?
Romney Meadows is managed by Medallion Management, INC headquartered in Suite 100 Kalamazoo, Minnesota.
In addition to Romney Meadows, how many other affordable housing properties (and units) are there in Lafayette?
In addition to Romney Meadows, we list 40 other affordable properties in Lafayette. Learn about these properties here. Our data research shows that there are a total of 2091 affordable units in Lafayette.
Looking for landlords who will take a Section 8 voucher?
Ask your housing authority if they have a list of landlords who accept Section 8 Housing Choice Vouchers.Bri-Anna Barbosa says:
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