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Woodland Crossing I

322 Woods Edge Dr, Michigan City, Indiana 46360

Woodland Crossing I, located at 322 Woods Edge Dr in Michigan City, IN has 0, 0 and 0 bedroom apartments. Woodland Crossing I participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 645 Income Based
Two Bedroom (2/1) 777 Income Based
Three Bedroom (3/2) 1066 Income Based

Woodland Crossing I Details

  • 64 0, 0 and 0 bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Clubhouse
  • 24 Hour Maintenance

Unit Amenities

  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Trash Included
  • Water Included
  • Private Patio/Balcony
  • Frost-Free Refrigerator
  • Individual heating and cooling systems

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Michigan City Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Michigan City but actual income limits may differ for units at Woodland Crossing I.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,900 $26,150 $29,400 $32,650 $35,300 $37,900 $40,500 $43,100
Low Income (60%) $27,480 $31,380 $35,280 $39,180 $42,360 $45,480 $48,600 $51,720

Woodland Crossing I is managed by Pedcor Management.

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