McKinley School Apartments

1501 Meadlawn Avenue, Logansport, Indiana 46947

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This property is a redevelopment of the current school building with 8 units built within the current structure. An additional 30 units of new construction have been added to the property. This property has uniquely designed 1 and 2 bedrooms at affordable rates for residents aged 55 and better!

McKinley School Apartments also participates in the Section 42 Tax Credit Housing program. There are rent and income guidelines to qualify.

Eligibility for McKinley School Apartments

McKinley School Apartments Details

38 bedroom units.
Low Rise
Low-Income Housing Tax Credit (LIHTC)

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.