Southwood Coop I

8102 Rexmill Dr, Indianapolis, Indiana 46227

Contact Southwood Coop I

Southwood is a small, pleasant cooperative and they pride themselves on the diversity of this community. It is a great place to live and raise a family. There are two playgrounds for use by children of the community. They have recently remodeled the office and clubhouse which includes a workout facility, children's play area, computer lab, and much more.

The housing charges are quite reasonable. The acting property manager, Christina, is always available to answer any questions or concerns you may have. they have a Board of Directors consisting of five members: Rosie, Linda, Melinda, Sue and the newest members of the board, Mary. The Board works with the office staff and maintenance to keep this community running smoothly. Anyone living here is eligible to run for a position on the Board of Directors as they become available.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1.5)	-	Call for Price
4 Bedroom (4/1.5)	-	Call for Price

Eligibility for Southwood Coop I

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 Indianapolis but actual income limits may differ for units at Southwood Coop I.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$20,300	$23,200	$26,100	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$33,850	$38,700	$43,550	$48,350	$52,250	$56,100	$60,000	$63,850
80%	$54,150	$61,900	$69,650	$77,350	$83,550	$89,750	$95,950	$102,150

Southwood Coop I Details

62 one, two, three and four bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 236

Property Amenities

Playground
Community Room
Clubhouse
24hr Emergency Maintenance

Unit Amenities

Microwave
Refrigerator
Water Trash and Sewer Included
Fully Equipped Kitchen

Nearby Amenities

Near Highway or Interstate

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.

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.