Indiana

Tax credit apartments in Shelbyville, IN

HUD's database lists 6 properties in Shelbyville built or rehabbed with low-income housing tax credits: 331 apartments, 327 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 Listings come from HUD's database and may be out of date.

Hendricks Pointe Apts

415 W Taylor St, Shelbyville, IN 46176

18 1BR, 15 2BR, 4 3BR

Apartments
37
Income-restricted
37
Placed in service
2013

Loper Commons Apts II

919 Lewis Creek Ln, Shelbyville, IN 46176

16 1BR, 32 2BR

Apartments
48
Income-restricted
48
Placed in service
1996

North Harrison Senior Apartments

111 N Harrison St, Shelbyville, IN 46176

HUD lists it as senior housing · 30 1BR, 12 2BR

Apartments
42
Income-restricted
42
Placed in service
2016

Old Shelby High Apartments

315 2nd St, Shelbyville, IN 46176

25 1BR, 22 2BR, 2 3BR

Apartments
49
Income-restricted
49
Placed in service
2020

Pearson Place

115 Colescott St, Shelbyville, IN 46176

2 studio, 12 1BR, 21 2BR

Apartments
35
Income-restricted
31
Placed in service
2006

Shelby's Landing Apts

753 Shelby's Crest, Shelbyville, IN 46176

1 studio, 10 1BR, 60 2BR, 37 3BR, 12 4BR

Apartments
120
Income-restricted
120
Placed in service
2005

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.