Experience Exceptional
Senior Living in Indianapolis
WELCOME TO
Florence Fay Senior Apartments
Discover the perfect blend of historic charm and modern comfort at Florence Fay School Senior Apartments, located in the heart of Indianapolis' Twin Aire neighborhood.
This thoughtfully restored community offers affordable studio, one-, and two-bedroom apartments designed for seniors seeking a vibrant and connected lifestyle.
Florence Fay Senior Apartments is down the street from everything you need. Visit today to see what makes this location truly standout.
Apartments Designed for You
Our beautifully designed apartments feature open-concept layouts, high-end finishes, and modern conveniences. Whether you choose a studio, one-bedroom or two-bedroom, we have something for you.
Affordable Living through the LIHTC Program
At Florence Fay Senior, all of our apartment homes participate in the Low-Income Housing Tax Credit (LIHTC) program. This means we offer high-quality, affordable living for households that meet specific income and eligibility requirements. Explore the details below — and if you have any questions, our team is happy to help guide you!
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To qualify for a LIHTC home, your household’s gross (pre-tax) annual income must be within the limits listed below. The income limits provided reflect the highest set-aside offered at our community and may not represent every home available. Some homes may have lower income limits based on their designated program requirements. If you have questions about your eligibility, please reach out — we’re here to help!
1 Person per Household - $46,500
2 People per Household - $53,160
3 People per Household - $59,820
4 People per Household - $66,420
5 People per Household - $71,760
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What is the Low-Income Housing Tax Credit (LIHTC) program?
The LIHTC program was created to make quality housing more affordable. It allows communities like Florence Fay to offer homes at reduced rental rates to households that meet specific income and eligibility guidelines.
How do I know if I qualify for a LIHTC home?
Eligibility is primarily based on your household’s gross (pre-tax) annual income and full-time student status. Review the Income Limits sections above for more information. Our team is also available to answer any questions you have along the way!
Are all homes at Florence Fay part of the LIHTC program?
Yes, every home at Florence Fay is income-restricted through the LIHTC program. All residents must meet the program’s income and eligibility requirements to qualify.
What if my income is over the limit?
Because all homes at Florence Fay are income-restricted, households exceeding the income limits would not qualify. If you’re unsure where you stand, reach out to our team — we’re happy to walk through your options with you!
Do I have to be a first-time renter to qualify?
No, you do not have to be a first-time renter. Your eligibility is based on your income and student status, not your rental history.
What happens if my income changes after I move in?
If your household income increases after you move in, you are usually allowed to remain in your home. Connect with our Leasing Office to learn more about the exceptions for full-time students. Our team will guide you through any necessary next steps if needed.
What documents will I need to provide?
You’ll be asked to provide documentation verifying your household income, student status (if applicable), and other standard application information. Our leasing team will provide a full checklist to help make the process easy!