Experience Exceptional
Living in Indianapolis
WELCOME TO
The Meridian
The Meridian Apartments has a wide array of affordable studio, one and two bedroom floorplans where you can find your perfect landing place in Indianapolis. Our pet-friendly community provides a comfortable retreat with a host of upgrades, plus friendly neighborhood vibes at an affordable price. Here you can relax in welcoming community spaces, or head to a pub nearby.
Situated near major highways and employers, The Meridian offers a lifestyle where work and play are right outside your door.
The Meridian Apartments puts you in a great spot to enjoy the neighborhood as well as the surrounding area with an easily commutable location, lots of convenient shops, and a huge selection of restaurants just outside your door.
Apartments Designed for You
Whether you want a cozy spot for just you and your pet or you need plenty of space for your crew, The Meridian Apartments has a floor plan for you at a price point that makes sense.
The-Boulevard
1 Bed | 1 Bath | 760 sqft
The-Broadway
2 Bed | 1 Bath | 887 sqft
The-Capitol
2 Bed | 1 Bath | 727 sqft
The-Central
2 Bed | 1 Bath | 816 sqft
The-Delaware
2 Bed | 2 Bath | 727 sqft
The-Illinois
1 Bed | 2 Bath | 667 sqft
The-Meridian
2 Bed | 1 Bath | 938 sqft
The-Park
2 Bed | 1 Bath | 884 sqft
The-Ruckle
1 Bed | 1 Bath | 887 sqft
The-Penn
Studio | 1 Bath | 485 sqft
The-Washinton
1 Bed | 1 Bath | 605 sqft
Affordable Living through the LIHTC Program
At The Meridian, 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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Because of program requirements, households made up entirely of full-time students must meet one of the following exceptions to qualify:
• At least one student is married and files a joint tax return.
• At least one student is enrolled in a job training program receiving assistance under the Job Training Partnership Act or a similar federal, state, or local program.
• At least one student was formerly in foster care.
• At least one student receives Temporary Assistance for Needy Families (TANF) benefits.
• The household consists of a single parent and their children, and neither the parent nor the children are claimed as dependents by another individual. -
To qualify for a LIHTC home at The Meridian, 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
6 People per Household - $77,100
7 People per Household - $82,380
-
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 The Meridian 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 Students and 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 The Meridian part of the LIHTC program?
Yes, every home at The Meridian 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 The Meridian 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. However, certain program rules may apply if your income increases significantly. Our team will guide you through any necessary next steps if needed.
Can full-time students live in a LIHTC home?
Yes, but with some restrictions. If all household members are full-time students, you must meet one of the specific exceptions listed in the Students section to qualify.
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!
Affordable Living through the LIHTC Program
At PROPERTY NAME, 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!
-
Because of program requirements, households made up entirely of full-time students must meet one of the following exceptions to qualify:
• At least one student is married and files a joint tax return.
• At least one student is enrolled in a job training program receiving assistance under the Job Training Partnership Act or a similar federal, state, or local program.
• At least one student was formerly in foster care.
• At least one student receives Temporary Assistance for Needy Families (TANF) benefits.
• The household consists of a single parent and their children, and neither the parent nor the children are claimed as dependents by another individual. -
To qualify for a LIHTC home at The Meridian, 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
6 People per Household - $77,100
7 People per Household - $82,380
-
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 PROPERTY NAME 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 Students and 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 PROPERTY NAME part of the LIHTC program?
Yes, every home at PROPERTY NAME 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 PROPERTY NAME 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. However, certain program rules may apply if your income increases significantly. Our team will guide you through any necessary next steps if needed.
Can full-time students live in a LIHTC home?
Yes, but with some restrictions. If all household members are full-time students, you must meet one of the specific exceptions listed in the Students section to qualify.
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!