Small Farms

1990 W 24th Lane, Gary, Indiana 46404

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Family apartment community offering one (1) and two (2) bedroom affordable units. Income restrictions apply.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Waiting List is Open Now

The Small Farms waiting list is currently open until further notice.

Last updated on October 24th, 2019

Eligibility for Small Farms

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 Small Farms.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$18,800	$21,450	$24,860	$30,000
50%	$31,300	$35,750	$40,200	$44,650
80%	$50,050	$57,200	$64,350	$71,450

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 Small Farms.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$31,300	$35,750	$40,200	$44,650
Low Income (60%)	$37,560	$42,900	$48,240	$53,580

Small Farms Details

96 one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Family Self-Sufficiency
Section 221 (d) (3)

Property Amenities

On-Site Parking

Unit Amenities

Refrigerator

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.

Family Self-Sufficiency

The local public housing authority provides services to help families receiving housing through the Housing Choice Voucher program, public housing, or Section 8 Project-Based Rental Assistance achieve economic independence and reduce dependence on welfare assistance and rental subsidies.