Fosters Landing Apartments

317 Fosters Way, New Castle, Indiana 47362

Contact Fosters Landing Apartments

Tucked away in the beautiful landscape of East Central Indiana, Fosters Landing is a great display of true country living. Surrounded by farmland, Fosters Landing is surprisingly just minutes away from downtown New Castle. From the expansive grounds to the quality and comfort of every corner, you will be assured to find satisfaction when you make your home at Fosters Landing. Discover affordable housing with top-notch quality and convenience.

This community is proudly owned by Buckingham Foundation. We focus on creating positive change in the areas of affordable housing, community development, childhood hunger and the arts. One hundred percent of the revenue generated from Buckingham Foundation is inserted back into the surrounding neighborhood through charitable grants to over 200 non-profit organizations.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	706	Call for Price
2 Bedroom (2/1.5)	1028	Call for Price
2 Bedroom (2/2)	882	Call for Price
3 Bedroom (3/2.5)	1308	Call for Price
4 Bedroom (4/2.5)	1430	Call for Price

Eligibility for Fosters Landing Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in New Castle but actual income limits may differ for units at Fosters Landing Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$27,650	$31,600	$35,550	$39,450	$42,650	$45,800	$48,950	$52,100
Low Income (60%)	$33,180	$37,920	$42,660	$47,340	$51,180	$54,960	$58,740	$62,520

Fosters Landing Apartments Details

90 one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Basketball Court
BBQ and Picnic Area
Clubhouse
On-Site Manager
Pool
Laundry Facilities
High Speed Internet Access

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Dishwasher
Garbage Disposal
Washer and Dryer Hookup
Cable Ready
Window Coverings
Balconies or Patios Available
Fully Equipped Kitchen
Energy Efficient Appliances

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.