Morton School Senior Apartments

2101 N. COLLEGE AVE. INDIANAPOLIS, IN 46202, Indianapolis, Indiana 46202

Contact Morton School Senior Apartments

If you’re looking for an affordable location just north of the city’s center, Morton School Senior Apartments might just be the right fit for you. Historic School 29, dates back to 1890. It was named for Civil War-era Gov. Oliver P. Morton and is now remodeled to include 48 units that reflect the same respect and honor as it had when it was built.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	473	$550
One Bedroom (1/1)	880	$635
Two Bedroom (2/1)	1200	$734

Eligibility for Morton School Senior Apartments

Morton School Senior Apartments Details

48 studio, one and two bedroom units.
Section 202 Supportive Housing for the Elderly
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Community Room
On-Site Manager
Community Garden
Game Room

Unit Amenities

Dishwasher
Garbage Disposal
Walk-in Closet(s)
Washer and Dryer Included

Office Hours

Day	Hours
Monday	10:00am-5:30pm
Tuesday	10:00am-5:30pm
Wednesday	10:00am-5:30pm
Thursday	10:00am-5:30pm
Friday	10:00am-5:30pm

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.

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.