About This Property
Port Crossing Apts III contains 176 units in Portage, Indiana, with 96 designated as low-income housing. The property includes 48 one-bedroom, 40 two-bedroom, and 8 three-bedroom units and has been in service since 1996. Financing utilizes 4% Low-Income Housing Tax Credits and tax-exempt bonds.
Property Details
Fair Market Rent - Porter 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 | $869 |
| 1 Bedroom | $1,027 |
| 2 Bedroom | $1,254 |
| 3 Bedroom | $1,539 |
| 4 Bedroom | $1,672 |
Income Limits - Porter County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,450
- Low (80%)
- $42,300
- Extremely Low (30%)
- $18,150
- Very Low (50%)
- $30,200
- Low (80%)
- $48,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,750
- Low (80%)
- $60,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,850
- Low (80%)
- $74,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,450 | $42,300 |
| 2 Persons | $18,150 | $30,200 | $48,350 |
| 3 Persons | $21,960 | $34,000 | $54,400 |
| 4 Persons | $26,500 | $37,750 | $60,400 |
| 5 Persons | $31,040 | $40,800 | $65,250 |
| 6 Persons | $35,580 | $43,800 | $70,100 |
| 7 Persons | $40,120 | $46,850 | $74,900 |
| 8 Persons | $44,660 | $49,850 | $79,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Portage, IN?+
The Fair Market Rent (FMR) for Porter County, IN is: $869 (Studio), $1027 (1BR), $1254 (2BR), $1539 (3BR), $1672 (4BR). Actual rent at subsidized properties like Port Crossing Apts Iii is typically 30% of household income or less.
What size apartments are available at Port Crossing Apts Iii?+
Port Crossing Apts Iii offers the following unit types: 48 One-Bedroom, 40 Two-Bedroom, 8 Three-Bedroom units, for a total of 176 units.
Who manages Port Crossing Apts Iii?+
Port Crossing Apts Iii is managed by . You can reach them at .
What is the price range for apartments in Portage, IN?+
Based on Fair Market Rent for Porter County, the estimated price range is: 1-bedroom: $1027, 2-bedroom: $1254, 3-bedroom: $1539. Actual rent at Port Crossing Apts Iii may be lower for income-eligible households.
How do I apply for housing at Port Crossing Apts Iii?+
Port Crossing Apts Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 are the income limits for affordable housing in Porter County, IN?+
For a 4-person household in Porter County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,750, Low Income (80% AMI): $60,400. These limits are set by HUD and updated annually.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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