About This Property
Foster's Landing Apts comprises 90 units in New Castle, Indiana, with 85 units designated for low-income households. The property, which entered service in 2002, includes 12 one-bedroom, 48 two-bedroom, 16 three-bedroom, and 14 four-bedroom units and operates under 9% Low-Income Housing Tax Credit financing. The community is managed and available for inquiry through the contact information provided.
Waitlist Information
Waitlist managed by New Castle Housing Authority
Preferences are given to homeless/displaced individuals, elderly, veterans, and Henry County residents; applicants must be 18 or older, and seniors (age 50+, with preference for 61+) or adults with disabilities are eligible for specific communities.
The waitlist was last open from August 20, 2019, until August 23, 2019; preferences have not been confirmed, and a random lottery was used for placement.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Henry County, IN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $678 |
| 1 Bedroom | $682 |
| 2 Bedroom | $863 |
| 3 Bedroom | $1,083 |
| 4 Bedroom | $1,204 |
Income Limits - Henry County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,050
- Very Low (50%)
- $23,400
- Low (80%)
- $37,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,750
- Low (80%)
- $42,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,400
- Low (80%)
- $53,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,750
- Low (80%)
- $62,050
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,450
- Low (80%)
- $66,300
- Extremely Low (30%)
- $44,100
- Very Low (50%)
- $44,100
- Low (80%)
- $70,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,050 | $23,400 | $37,450 |
| 2 Persons | $17,420 | $26,750 | $42,800 |
| 3 Persons | $21,960 | $30,100 | $48,150 |
| 4 Persons | $26,500 | $33,400 | $53,450 |
| 5 Persons | $31,040 | $36,100 | $57,750 |
| 6 Persons | $35,580 | $38,750 | $62,050 |
| 7 Persons | $40,120 | $41,450 | $66,300 |
| 8 Persons | $44,100 | $44,100 | $70,600 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Castle, IN?+
The Fair Market Rent (FMR) for Henry County, IN is: $678 (Studio), $682 (1BR), $863 (2BR), $1083 (3BR), $1204 (4BR). Actual rent at subsidized properties like Foster'S Landing Apts is typically 30% of household income or less.
What size apartments are available at Foster'S Landing Apts?+
Foster'S Landing Apts offers the following unit types: 12 One-Bedroom, 48 Two-Bedroom, 16 Three-Bedroom, 14 Four-Bedroom units, for a total of 90 units.
Who manages Foster'S Landing Apts?+
Foster'S Landing Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Henry County, IN?+
For a 4-person household in Henry County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,400, Low Income (80% AMI): $53,450. These limits are set by HUD and updated annually.
How do I apply for housing at Foster'S Landing Apts?+
Foster'S Landing Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in New Castle, IN?+
Based on Fair Market Rent for Henry County, the estimated price range is: 1-bedroom: $682, 2-bedroom: $863, 3-bedroom: $1083. Actual rent at Foster'S Landing Apts may be lower for income-eligible households.
Is there a waitlist for Foster'S Landing Apts?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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