Caperton Homes LIHTC Indianapolis, IN

Profile last updated · Data vintage: HUD LIHTC 2024

Caperton Homes is a Low-Income Housing Tax Credit (LIHTC) community in Indianapolis, IN with 23 units. Rents are set relative to household income.

23
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address3508 Ralston Ave, Indianapolis, IN 46218 Map →
Placed in service1992

How to apply at Caperton Homes

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 3508 Ralston Ave, Indianapolis; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget.

Other subsidized housing in Indianapolis

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Twin Hills - Blackburn LIHTCPB Section 8Indianapolis1.1 km
Bethel Townhomes LIHTCIndianapolis1.1 km
Falls Creek Village I PB Section 8Indianapolis1.7 km
Phoenix Apts LIHTCIndianapolis2 km
East Village at Avondale LIHTCIndianapolis2 km
Hubbard Gardens LIHTCPB Section 8Indianapolis2 km
New Parkwoods Iii LIHTCIndianapolis2 km
New Parkwoods Ii-b Lp LIHTCIndianapolis2 km

← All subsidized housing in Indianapolis

Frequently asked questions

What kind of subsidy does Caperton Homes have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Caperton Homes?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Caperton Homes?
Contact the management office at 3508 Ralston Ave in Indianapolis. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.