Romney Meadows

2905 Westchester Lane, Lafayette, Indiana 47909

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With new management, a new name, and 326 newly renovated apartment homes, there is plenty happening at Romney Meadows, formerly know as Claystone at the Crossing.

Claystone at the Crossing is now Romney Meadows.

With a generally low public perception of the property, new management had their work cut out for them when they purchased Claystone at the Crossing. But through determination and perseverance, the new property, now named Romney Meadows, is starting to become a highly desirable place to live. Romney Meadows is home to over 300 families and features 31 buildings with 326 units, 18 of which are ADA compliant. As an affordable housing community, Romney Meadows is situated perfectly within an abundance of community resources for residents.

Choice is the difference.

It’s not uncommon for people who struggle to afford housing to feel a lost sense of independence. Affordable housing, and Romney Meadows in particular, is an invaluable resource for families in those situations. An affordable place to live offers residents the chance to improve their financial standing and independence without fear of losing their homes, and subsequently, their jobs. The goals at Romney Meadows are to make choice a possibility for low-income families and to make Romney Meadows the affordable housing community of choice in Lafayette, Indiana.

Eligibility for Romney Meadows

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 Lafayette but actual income limits may differ for units at Romney Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$17,600	$20,100	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$29,300	$33,500	$37,700	$41,850	$45,200	$48,550	$51,900	$55,250
80%	$46,900	$53,600	$60,300	$66,950	$72,350	$77,700	$83,050	$88,400

Romney Meadows Details

184 bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
FHA Mortgage Insurance/subsidy
Section 221 (d) (3)
Section 236

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.