Hidden Ponds Apartments is managed by The Michaels Organization.
Hidden Ponds is an affordable housing community in Gas City, IN. They offer 2 bedroom, 3 bedroom, and 4 bedroom units. They offer private entrances, a clubhouse, playground, and are located close to shopping and dining centers.
Pet Policy: Cats and Dogs are allowed
Max Number of Pets: 2
Max Weight of Pets: 75
Pet Fee: $350
Pet Monthly Rent Min:$25
Pet Policy: Breed restrictions per AKC regulations - aggressive breeds prohibited.
Please call the Hidden Ponds site manager for more information.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
2 Bedroom (2/1) | 939 | Call for Price |
3 Bedroom (3/1) | 1154 | Call for Price |
4 Bedroom (4/2) | 1366 | Call for Price |
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 Gas City but actual income limits may differ for units at Hidden Ponds Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $27,650 | $31,600 | $35,550 | $39,450 | $42,650 | $45,800 | $48,950 | $52,100 |
Low Income (60%) | $33,180 | $37,920 | $42,660 | $47,340 | $51,180 | $54,960 | $58,740 | $62,520 |
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.