Oasis at 56th LIHTC Indianapolis, IN

Profile last updated · Data vintage: HUD LIHTC 2024

Oasis at 56th is a Low-Income Housing Tax Credit (LIHTC) community in Indianapolis, IN with 142 units. Rents are set relative to household income.

142
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address4940 W 56th St, Indianapolis, IN 46254 Map →
Tax-credit (LI) units124
Placed in service2019

How to apply at Oasis at 56th

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 4940 W 56th St, 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
Ahepa 232-iii Apartments §202 SeniorIndianapolis1.1 km
Colonial Square PB Section 8Indianapolis2 km
Lakes of Georgetown LIHTCPB Section 8Indianapolis2.2 km
Falcon Creek Place Apts LIHTCPB Section 8Indianapolis2.4 km
Creekside Square Apts LIHTCIndianapolis2.8 km
Georgetown Station §202 SeniorIndianapolis3.3 km
Kingsmill Court Apts LIHTCIndianapolis3.4 km
Booth Manor Apartments §202 SeniorIndianapolis3.4 km

← All subsidized housing in Indianapolis

Frequently asked questions

What kind of subsidy does Oasis at 56th 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 Oasis at 56th?
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 Oasis at 56th?
Contact the management office at 4940 W 56th St 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.