Downtown Terrace

Downtown Terrace Apartment Details

Downtown Terraceis a Low-Income Housing Tax Credit apartment locatedPetersburg, IN.

If you are looking for an affordable housing option, these rental apartments are supported by the LIHTC and having the applicable program rent and income restrictions.

The LIHTC gives incentives to builders and developers to provide affordable housing to low income persons. The maximum rent charged is based on the AMI, Area Median Income. This apartment may still be unaffordable to low income persons due to this AMI. Check the current rental rates to see if this is affordable to you. There are 40 low income one and two bedroom apartments located here.

Office Hours: Mon-Fri 8 am - 4 pm

Most apartments these days have waiting lists. We provide this listing so you can contact them directly at the number provided to see if you can apply and qualify to live here.

If you find this listing is no longer low income, or the phone number is incorrect, please contact us using the online form below.

Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.

Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.

Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$538
Population in zip code	6,116
Median age of those living in this zip code	45
Average household income of those living in this zip code	$54,324
Average home value in this zip code	$101,525