Pennwood Place LIHTC Indianapolis, IN
Profile last updated · Data vintage: HUD LIHTC 2024
Pennwood Place is a Low-Income Housing Tax Credit (LIHTC) community in Indianapolis, IN with 35 units. Rents are set relative to household income.
35
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 4720 Pennwood Dr, Indianapolis, IN 46205 Map → |
| Tax-credit (LI) units | 35 |
| Placed in service | 2011 |
How to apply at Pennwood Place
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 4720 Pennwood Dr, 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 |
|---|---|---|
| English Village LIHTC | Indianapolis | 0.8 km |
| Phoenix Apts LIHTC | Indianapolis | 1.4 km |
| East Village at Avondale LIHTC | Indianapolis | 1.4 km |
| Hubbard Gardens LIHTCPB Section 8 | Indianapolis | 1.4 km |
| New Parkwoods Iii LIHTC | Indianapolis | 1.4 km |
| New Parkwoods Ii-b Lp LIHTC | Indianapolis | 1.4 km |
| New Parkwoods Ii-a LIHTCPB Section 8 | Indianapolis | 1.4 km |
| Sherman Forest East LIHTC | Indianapolis | 1.4 km |
← All subsidized housing in Indianapolis
Frequently asked questions
What kind of subsidy does Pennwood Place 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 Pennwood Place?
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 Pennwood Place?
Contact the management office at 4720 Pennwood Dr 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.