Indiana

Tax credit apartments in Marion, IN

HUD's database lists 6 properties in Marion built or rehabbed with low-income housing tax credits: 297 apartments, 297 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 Listings come from HUD's database and may be out of date.

Chambers Park Apartments

4343 S Lincoln Blvd, Marion, IN 46953

50 1BR

Apartments
50
Income-restricted
50
Placed in service
2016

Historic Gallatin Square

304 S Gallatin, Marion, IN 46952

HUD lists it as senior housing · 3 studio, 9 1BR, 30 2BR

Apartments
42
Income-restricted
42
Placed in service
2024

Marion Green Apartments

1402 S Maple St, Marion, IN 46953

10 2BR, 25 3BR

Apartments
35
Income-restricted
35
Placed in service
2010

Plaza Green Apartments

939 N Park St, Marion, IN 46952

20 2BR, 16 3BR

Apartments
36
Income-restricted
36
Placed in service
2016

Springhill Homes

1502 S Maple St, Marion, IN 46953

6 2BR, 24 3BR, 6 4BR

Apartments
36
Income-restricted
36
Placed in service
2003

Vita Of Marion

4211 S Adams St, Marion, IN 46953

36 studio, 62 1BR

Apartments
98
Income-restricted
98
Placed in service
2023

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.