Franklin Cove Ii LIHTC Indianapolis, IN
Profile last updated · Data vintage: HUD LIHTC 2024
Franklin Cove Ii is a Low-Income Housing Tax Credit (LIHTC) community in Indianapolis, IN with 64 units. Rents are set relative to household income.
64
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 3615 S Franklin Rd, Indianapolis, IN 46239 Map → |
| Tax-credit (LI) units | 64 |
| Placed in service | 2014 |
How to apply at Franklin Cove Ii
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.
- Call or visit the management office at 3615 S Franklin Rd, Indianapolis; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Indianapolis
- Woodridge Apts LIHTCPB Section 8
- N Oaks of Broad Ripple LIHTCPB Section 8
- Brookhaven at County Line LIHTC
- John J Barton Apts Public Housing
- Carriage House East PB Section 8
- Meadowlark LIHTCPB Section 8
- Sutton Place Apts LIHTC
- Sutton Place Apts LIHTC
- Bradford Lake Apts LIHTCPB Section 8
- Hunter's Ridge LIHTC
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Franklin Cove I LIHTCPB Section 8 | Indianapolis | 1.1 km |
| Stratford Place Apts LIHTCPB Section 8 | Indianapolis | 3.4 km |
| Parkview at Beech Grove LIHTCPB Section 8 | Indianapolis | 4.2 km |
| English Village Apts LIHTC | Indianapolis | 4.7 km |
| Cambridge Square Beech Grove PB Section 8 | Beech Grove | 5 km |
| Churchman Woods Senior Apts LIHTC | Indianapolis | 5.2 km |
| Emerson Village Apts LIHTC | Indianapolis | 6 km |
← All subsidized housing in Indianapolis
Frequently asked questions
What kind of subsidy does Franklin Cove Ii 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 Franklin Cove Ii?
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 Franklin Cove Ii?
Contact the management office at 3615 S Franklin Rd 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.