Indiana

Tax credit apartments in Greenwood, IN

HUD's database lists 10 properties in Greenwood built or rehabbed with low-income housing tax credits: 863 apartments, 892 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Beacon Pointe Apts

1250 Beacon Pointe Dr, Greenwood, IN 46143

20 1BR, 24 2BR, 16 3BR, 8 4BR

Apartments
71
Income-restricted
68
Placed in service
2011

Clary Crossing Apts

3131 Clary Xing, Greenwood, IN 46143

27 1BR, 51 2BR, 30 3BR, 12 4BR

Apartments
120
Income-restricted
114
Placed in service
2009

Clary Crossing Senior Villas

6780 Clary Cir Dr, Greenwood, IN 46143

HUD lists it as senior housing · 22 1BR, 50 2BR

Apartments
72
Income-restricted
72
Placed in service
2011

Cottages At Sheek Road

1257 Cottages Way, Greenwood, IN 46143

HUD lists it as senior housing · 50 1BR, 18 2BR

Apartments
68
Income-restricted
68
Placed in service
2012

Main Street Commons

635 E Main St, Greenwood, IN 46143

HUD lists it as senior housing · 34 1BR, 36 2BR

Apartments
70
Income-restricted
70
Placed in service
2005

The Gables

Seq Of Smith Valley Road And Sr 135 Lacebark Driv, Greenwood, IN 46143

62 1BR, 98 2BR, 48 3BR, 14 4BR

Apartments
222
Income-restricted
274
Placed in service
2019

Trotters Pointe Phase II

2373 Harness Way, Greenwood, IN 46143

28 1BR, 48 2BR, 32 3BR, 12 4BR

Apartments
120
Income-restricted
106
Placed in service
2007

Trotters Pointe Phase III

2600 Santa Anita Dr, Greenwood, IN 46143

32 1BR, 48 2BR, 16 3BR

Apartments
96
Income-restricted
96
Placed in service
2011

Trotters Pointe Phase IV

2600 Santa Anita Dr, Greenwood, IN 46143

8 1BR, 8 2BR, 8 3BR

Apartments
24
Income-restricted
24
Placed in service
2014

Village At Grove Apts

N Of Stones Crossing Road, Greenwood, IN 46142

Apartments
n/a
Income-restricted
n/a
Placed in service
2006

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.