About This Property
Chapelgate Park Apts is an 80-unit affordable housing community in West Lafayette, Indiana that has served residents since 2009. The property offers a mix of one-, two-, three-, and four-bedroom units designed to accommodate families, individuals with disabilities, and formerly homeless residents. The development operates under a 9% Low-Income Housing Tax Credit structure.
Property Details
Fair Market Rent - Tippecanoe 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 | $778 |
| 1 Bedroom | $908 |
| 2 Bedroom | $1,069 |
| 3 Bedroom | $1,293 |
| 4 Bedroom | $1,604 |
Income Limits - Tippecanoe County, IN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,200
- Very Low (50%)
- $25,300
- Low (80%)
- $40,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,900
- Low (80%)
- $46,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,500
- Low (80%)
- $52,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,100
- Low (80%)
- $57,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,000
- Low (80%)
- $62,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,900
- Low (80%)
- $67,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,800
- Low (80%)
- $71,650
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,700
- Low (80%)
- $76,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,200 | $25,300 | $40,450 |
| 2 Persons | $17,420 | $28,900 | $46,200 |
| 3 Persons | $21,960 | $32,500 | $52,000 |
| 4 Persons | $26,500 | $36,100 | $57,750 |
| 5 Persons | $31,040 | $39,000 | $62,400 |
| 6 Persons | $35,580 | $41,900 | $67,000 |
| 7 Persons | $40,120 | $44,800 | $71,650 |
| 8 Persons | $44,660 | $47,700 | $76,250 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in West Lafayette, IN?+
The Fair Market Rent (FMR) for Tippecanoe County, IN is: $778 (Studio), $908 (1BR), $1069 (2BR), $1293 (3BR), $1604 (4BR). Actual rent at subsidized properties like Chapelgate Park Apts is typically 30% of household income or less.
What size apartments are available at Chapelgate Park Apts?+
Chapelgate Park Apts offers the following unit types: 16 One-Bedroom, 32 Two-Bedroom, 24 Three-Bedroom, 8 Four-Bedroom units, for a total of 80 units.
Who is eligible to live at Chapelgate Park Apts?+
Chapelgate Park Apts primarily serves families, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Chapelgate Park Apts?+
Chapelgate Park Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Chapelgate Park Apts?+
Chapelgate Park 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 West Lafayette, IN?+
Based on Fair Market Rent for Tippecanoe County, the estimated price range is: 1-bedroom: $908, 2-bedroom: $1069, 3-bedroom: $1293. Actual rent at Chapelgate Park Apts may be lower for income-eligible households.
What are the income limits for affordable housing in Tippecanoe County, IN?+
For a 4-person household in Tippecanoe County, IN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,100, Low Income (80% AMI): $57,750. These limits are set by HUD and updated annually.
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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