Apperson Way Apartments
600 N Apperson Way, Kokomo, IN 46901
28 1BR, 24 2BR, 17 3BR
- Apartments
- 69
- Income-restricted
- 69
- Placed in service
- 2017
Indiana
Tax credit apartments in Kokomo, IN
HUD's database lists 11 properties in Kokomo built or rehabbed with low-income housing tax credits: 991 apartments, 991 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 Listings come from HUD's database and may be out of date.
Brentwood Greene
1534 E Dodge St, Kokomo, IN 46902
30 1BR, 30 2BR
- Apartments
- 60
- Income-restricted
- 60
- Placed in service
- 2010
Kha Rad I
Scattered Sites, Kokomo, IN 46901
204 1BR, 117 2BR, 3 3BR, 1 4BR
- Apartments
- 335
- Income-restricted
- 335
- Placed in service
- 2023
Kokomo Manor Apts
510 Elk Dr, Kokomo, IN 46902
48 1BR, 61 2BR, 21 3BR
- Apartments
- 130
- Income-restricted
- 130
- Placed in service
- 2005
Silver Birch Of Kokomo
408 South Washington Street, Kokomo, IN 46901
49 studio, 70 1BR
- Apartments
- 119
- Income-restricted
- 119
- Placed in service
- 2018
The Pillars
412 Pillars Pl, Kokomo, IN 46902
25 1BR
- Apartments
- 25
- Income-restricted
- 25
- Placed in service
- 2005
Trailside Commons
713 N Purdum St, Kokomo, IN 46901
5 1BR, 20 2BR, 10 3BR
- Apartments
- 35
- Income-restricted
- 35
- Placed in service
- 2021
Trailside Townhomes
Scattered Sites, Kokomo, IN 46902
45 3BR
- Apartments
- 45
- Income-restricted
- 45
- Placed in service
- 2020
Union At Washington
918 N Washington St, Kokomo, IN 46901
1 studio, 50 3BR
- Apartments
- 51
- Income-restricted
- 51
- Placed in service
- 2020
Washington Street Senior Residence
400 N Washington St, Kokomo, IN 46901
27 1BR, 27 2BR
- Apartments
- 54
- Income-restricted
- 54
- Placed in service
- 2013
Water Tower Place At Kingston Square
1495 N Webster St, Kokomo, IN 46901
34 2BR, 34 3BR
- Apartments
- 68
- Income-restricted
- 68
- Placed in service
- 2013
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.