Founders Square Senior Apartments LIHTC Speedway, IN

Profile last updated · Data vintage: HUD LIHTC 2024

Founders Square Senior Apartments is a Low-Income Housing Tax Credit (LIHTC) community in Speedway, IN with 60 units. Rents are set relative to household income.

60
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address2602 Founders Square Dr, Speedway, IN 46224 Map →
Tax-credit (LI) units60
Placed in service2024

How to apply at Founders Square Senior Apartments

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 2602 Founders Square Dr, Speedway; 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 Speedway

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Waterfront Apts LIHTCPB Section 8Indianapolis2 km
Lakeview Village I PB Section 8Indianapolis2.4 km
Lakeview Village Ii §202 SeniorIndianapolis2.4 km
5338 Dunk Dr LIHTCIndianapolis2.4 km
The Reserve at White River LIHTCIndianapolis2.8 km
Kingsmill Court Apts LIHTCIndianapolis3.4 km
Falcon Creek Place Apts LIHTCPB Section 8Indianapolis3.4 km
Booth Manor Apartments §202 SeniorIndianapolis3.4 km

← All subsidized housing in Speedway

Frequently asked questions

What kind of subsidy does Founders Square Senior Apartments 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 Founders Square Senior Apartments?
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 Founders Square Senior Apartments?
Contact the management office at 2602 Founders Square Dr in Speedway. 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.