Centennial Townhomes

7936 Serenity Dr, Fort Wayne, Indiana 46816

Contact Centennial Townhomes

Welcome to Centennial Townhomes where you can find safe, comfortable and affordable housing for your entire family. Renovated in 2014, our community features a collection of two- and three-bedroom townhomes and one-bedroom apartment homes on attractively landscaped grounds complete with green lawns and mature trees in a fenced complex.

Located just seven miles south of downtown Fort Wayne, our community is conveniently situated on a bus route making traveling to downtown Fort Wayne, with all its shopping and dining offerings, a breeze. Our professional staff looks forward to providing you with the highest standard of professional property management and are committed to improving the communities where we live and work. It's the perfect place to call home.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based
2 Bedroom (2/1)	-	Income Based
3 Bedroom (3/1)	-	Income Based

Eligibility for Centennial Townhomes

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 Fort Wayne but actual income limits may differ for units at Centennial Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$17,600	$20,100	$24,860	$30,000	$35,140	$40,280
50%	$29,300	$33,500	$37,700	$41,850	$45,200	$48,550
80%	$46,900	$53,600	$60,300	$66,950	$72,350	$77,700

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 Fort Wayne but actual income limits may differ for units at Centennial Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$29,300	$33,500	$37,700	$41,850	$45,200	$48,550
Low Income (60%)	$35,160	$40,200	$45,240	$50,220	$54,240	$58,260

Centennial Townhomes Details

88 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Playground
Basketball Court
Computer Lab
Community Room
On-Site Parking
Landscaping
Laundry Facilities
Picnic Area

Unit Amenities

Cable Ready
Central Heat & Air
Laminate Flooring
Energy Efficient Appliances
Newly Remodeled Kitchens
Newly Remodeled Bathrooms

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.