Wabash Crossing is managed by Decatur Housing Authority.
Wabash Crossing is a mixed finance project which includes a combination of Public Housing units, Low Income Tax Credit units, Housing Choice Voucher units, and Market Rate Units. Three phases have been completed. You can apply for the Public Housing units through the Decatur Housing Authority Public Housing waiting list as described below. Contact the property management company by clicking the button below for more information on affordable tax credit units, housing choice voucher units, and market rate units.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Decatur but actual income limits may differ for units at Wabash Crossing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $17,100 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $28,500 | $32,550 | $36,600 | $40,650 | $43,950 | $47,200 | $50,450 | $53,700 |
80% | $45,550 | $52,050 | $58,550 | $65,050 | $70,300 | $75,500 | $80,700 | $85,900 |
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 Decatur but actual income limits may differ for units at Wabash Crossing.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $28,500 | $32,550 | $36,600 | $40,650 | $43,950 | $47,200 | $50,450 | $53,700 |
Low Income (60%) | $34,200 | $39,060 | $43,920 | $48,780 | $52,740 | $56,640 | $60,540 | $64,440 |
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.
Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.