Franklin, IN Low Income Housing: A Comprehensive Guide

Qualifying For Low Income Housing in Franklin, IN

How do I qualify for low income housing in Franklin, IN?
To qualify for low income housing in Indiana, you must meet the following income requirements:

Your household income must be below 80% of the area median income (AMI). The AMI is updated annually by the Department of Housing and Urban Development (HUD) and varies by county.

You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

You must be a U.S. citizen or a legal immigrant.

In addition to the income requirements, you may also need to meet other eligibility requirements, such as:

- You must not have been evicted from any public housing or Section 8 housing in the past three years.
- You must not have any outstanding felony convictions for drug-related offenses.
- You must not be a registered sex offender.

Types of Low Income Housing in Franklin, IN

There are a variety of low-income housing options available in Franklin, IN, including:

Public Housing: Public housing is owned and operated by your area Housing Authority. Public housing units are rented to low-income households at below-market rates.
Section 8 Housing Choice Vouchers: Section 8 is a federal program that provides rental assistance to low-income households. Vouchers can be used to rent apartments, townhouses, or single-family homes from private landlords.
Low Income Housing Tax Credit (LIHTC): LIHTC is a federal program that provides tax credits to developers who build or renovate affordable housing units. LIHTC units are typically rented at below-market rates.
Project-Based Section 8: Project-based Section 8 is a federal program that provides rental assistance to low-income households who live in specific apartment buildings or housing developments.
Very Low Income Housing Development (VLID): VLID is a federal program that provides grants to states and local governments to fund the development of affordable housing for low-income households.

In addition to these federal programs, there are also a number of state and local programs that provide low-income housing assistance in Franklin, IN. These programs may offer rental assistance, down payment assistance, or other forms of financial assistance to help low-income households afford housing.

PublicHousing.com puts together our list of properties using the above program listings all on one website.

We display monthly rates for the apartments when possible. Most of subsidized apartments base the rent on income, therefore, you will need to contact the apartment directly for rates. We list all pertinent contact information.

HUD Fair Market Rent For Franklin, Indiana - Johnson County

Studio Apartments $982

One Bedroom Apartments $1,145

Two Bedroom Apartments $1,349

Three Bedroom Apartments $1,758

List of Low Income Housing in or near Franklin, IN

Northwood Apartments Franklin Low Income Housing Community - Franklin

2018 Cedar Lane
Franklin, IN - 46131
(317) 738-2121
Northwood Apartments Franklin is a senior low income housing apartment subsidized by the federal governments HUD (Housing and Urban Development Division). Contact Northwood Apartments Franklin for complete details on the current vacancies and housing applications. Community Amenities: 24-Hour Emergency Service Community Clubhouse Elevator Access* Gazebo Meal Service* Onsite Laundry Facility Open Parking Package Receiving Play Parks Resident Service Coordinato...see full details
Johnson County

HUD Housing Apartment
Section 8 apartment

Franklin Place Apartments - IN - Franklin

1485 Franklin Place Court
Franklin, IN - 46131
(866) 247-9947
Franklin Place Apartments offers 120 low income one, two and three bedroom units. This is a Low Income Housing community and will have rent and income restrictions based on the Area Median Income. Call (866) 247-9947 for leasing info. *Given the demand for low income housing, there may be a waiting list. If this listing is incorrect, please contact us using the form below.* ...see full details
Johnson County

Lakeview Apartments - IN - Franklin

1800 Lakeside Dr
Franklin, IN - 46131
(317) 736-6290
Affordable rental, income limits Guidelines Apply, rent based on income. One, two and three bedroom apartment homes. Hours: 9am to 6pm Mon - Fri Sat 10am to 3pm closed Sun. ...see full details
Johnson County

Franklin Cove - Low Income Apartments - Franklin

2015 Franklin Cove Ct
Franklin, IN - 46131
(317) 736-6264
Franklin Cove is a senior low income housing apartment subsidized by the federal governments HUD (Housing and Urban Development Division). Contact Franklin Cove for complete details on the current vacancies and housing applications. Amenities & Services: Air Conditioning Cable Ready Community Room Handicapped Modified Internet Ready Laundry Facility Off-street parking Pet Friendly Playground Private Balcony Private Patio Sprinkler System Trash Included ...see full details
Johnson County

HUD Housing Apartment
Section 8 apartment

Tips for Finding Low-Income Housing in Franklin, IN

1. Check with local social service agencies. Many social service agencies offer affordable housing programs or can provide you with information on affordable housing resources in your area.
2. HUD Exchange: The HUD Exchange website provides information on a variety of federal housing programs, including Section 8 and HOME.
3. National Low Income Housing Coalition: The NLIHC website provides information on affordable housing programs and policies at the national and state levels.

Check For Waiting Lists
Most apartments have waiting lists. Search early and do not just settle on one apartment choice.

Contact Your Local Housing Authority
Housing authorities have many opportunities. Many do have closed waiting lists, but they may be able to provide other public housing resources.

Check The Federal Poverty Sliding Scale Guidelines
Check to see if you qualify for low cost or free housing by comparing the guidelines to your income records.