Hope Community §202 Senior Madison, IN
Profile last updated · Data vintage: HUD FY2025
Hope Community is a Section 202 PRAC (Senior Housing) community in Madison, IN with 40 units reporting 100% occupancy. Assisted residents pay about $403/month on average.
40
total units
100%
occupancy
$403
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Section 202 PRAC (Senior Housing) |
|---|---|
| Address | 2020 Cragmont St, Madison, IN 47250 Map → |
| Average household income | $17,751/yr |
| Average personal income | $17,751/yr |
| People per unit | 1 |
| Moved in within last year | 7% |
| Households below 30% AMI | 48% |
| Households below 50% AMI | 98% |
| One-bedroom share | 100% |
How to apply at Hope Community
Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
- Call or visit the management office at 2020 Cragmont St, Madison; 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 (~$403/mo average here).
Other subsidized housing in Madison
- Windridge Apartments PB Section 8
- Presidential Estates I PB Section 8
- Presidential Estates Ii PB Section 8
- Riverside Tower Lofts LIHTC
- Valley Court Apts LIHTCPB Section 8
- Rivertrace Apts LIHTCPB Section 8
- Madison Heritage House PB Section 8
- Presidential Estates Iii PB Section 8
- Willowview Inc. §811
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Pleasant View Townhomes LIHTCPB Section 8 | Hanover | 7.4 km |
← All subsidized housing in Madison
Frequently asked questions
What kind of subsidy does Hope Community have?
Section 202 PRAC (Senior Housing). Section 202 PRAC: independent senior living (62+) with income-based rents and on-site service coordination.
How much is rent at Hope Community?
Residents report average rents near $403/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Hope Community?
Contact the management office at 2020 Cragmont St in Madison. 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.