Riverbend Flats

3508 E Memorial Dr, Muncie, Indiana 47302

Riverbend Flats offers spacious 2-bedroom and 3-bedroom homes that each include in-home washer/dryer, free in-home Wi-Fi, coat/linent closets, and mini blinds. Community amenities include a community room, bike share program/bike parking, fitness studio, community garden, and playground.

Unit (Bd/Ba)	Ft²	Rent
The Current (2/1)	916	From $752
The Rapid (2/1)	921	From $715 To $930
The Ripple (2/1)	976	From $930
The Wave (3/2)	1137	From $863 To $1,068

Eligibility for Riverbend Flats

Riverbend Flats Details

60 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Fitness Center
Playground
Bicycle Storage
Community Garden

Unit Amenities

Linen Closets
Mini Blinds & Curtain Rods
Coat Closets

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.