Cambridge Square Richmond is managed by Gene B. Glick Company, Inc.
Cambridge Square is an affordable apartment community in Richmond, Indiana offering one bedroom apartment homes for those who are 62 years of age and older and for persons with disabilities. We are located off of S A Street, nestled between S 37th Street and Garwood Road. Transportation around Richmond is a breeze with convenient Rose City Transit stops located at each entrance of the community. Our community is a federally subsidized apartment community with rents and eligibility are determined by government regulations. Cambridge Square provides well maintained, beautifully landscape grounds and professional on-site office and maintenance service teams. We offer several community amenities; including a business center, laundry facilities on site, social lounges and a Service Coordinator. The apartment homes feature spacious closets, semi-fenced in patios and several paid utilities. This community is managed by the Gene B. Glick Company.
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 Richmond but actual income limits may differ for units at Cambridge Square Richmond.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $16,600 | $19,720 | $24,860 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $27,650 | $31,600 | $35,550 | $39,450 | $42,650 | $45,800 | $48,950 | $52,100 |
80% | $44,200 | $50,500 | $56,800 | $63,100 | $68,150 | $73,200 | $78,250 | $83,300 |
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.