Park Shore Commons

860 N Wells St, Gary, Indiana 46403

Contact Park Shore Commons

Welcome to Park Shore Commons! Enjoy city living and the comfort of a family atmosphere in this community.

Our spacious 1, 2 and 3 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For your pleasure, our community feature newly renovated units, on site laundry facilities, exercise room, playground for children, and a community room for events.

Enjoy the benefits of community living with the added perks of living minutes away from the Indiana Dunes. Park Shore Commons is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from Michigan City, casinos, and expressways that can connect you to the surrounding major cities and sites.

Call us today to make an appointment to see for yourself why Park Shore Commons should be your new home. We look forward to hearing from you!

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	565	Income Based
2 Bedroom (2/1)	848	Income Based
3 Bedroom (3/1.5)	1035	Income Based

Eligibility for Park Shore Commons

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 Gary but actual income limits may differ for units at Park Shore Commons.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$18,800	$21,450	$24,860	$30,000	$35,140	$40,280
50%	$31,300	$35,750	$40,200	$44,650	$48,250	$51,800
80%	$50,050	$57,200	$64,350	$71,450	$77,200	$82,900

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 Gary but actual income limits may differ for units at Park Shore Commons.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$31,300	$35,750	$40,200	$44,650	$48,250	$51,800

Park Shore Commons Details

246 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Controlled Access
Fitness Center
Playground
Community Room
Landscaping
On-Site Laundry

Unit Amenities

Air Conditioning
Garbage Disposal
Spacious floor plans
Large Closets

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.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.