Midland Square Apartments, located at 400 Mack Walters Road in Shelbyville, has one, two and three bedroom apartments. Midland Square Apartments participates in the Low-Income Housing Tax Credit (LIHTC), Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.
|1 Bedroom (1/1)||-||Income Based|
|2 Bedroom (2/1)||-||Call for Price|
|3 Bedroom (3/1)||-||Call for Price|
1, 2 & 3 bedroom Affordable Apartment Homes. This complex has a large on-site laundry facility, exercise room and off street parking available. It is equipped with a state of the art security system for residents’ security and safety. Located near the heart of downtown and within walking distance to shopping, banking and restaurants. Utilities included with the rental rate are water, sewer and trash collection. Section 8 is accepted at this property. No pets allowed.
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.
This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.
The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.
Midland Square Apartments is managed by MLP Management Company, LLC.