Bethany Village Apartments Inc
501C3 Nonprofit Organization Information
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Bethany Village Apartments Inc
9961 Crosspoint Blvd Ste 300
Indianapolis, IN
46256-3391
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Bethany Village Apartments, Inc. (The Project) Was Organized To Construct, Own And Operate A 100-Unit Apartment Community In Indianapolis, Indiana, Known As Bethany Village Apartments, Pursuant To Section 202 Of The National Affordable Housing Act As Amended. The Project Has Executed A Regulatory Agreement With Hud, Which Governs The Operation Of The Project With The Federal Housing Administration (Fha) Section Of Hud. The Project Has Also Entered Into A Housing Assistance Payment Contract (Hap Contract) With Hud. The Hap Contract Is A Rent Assistance Program For Low-Income Families (Or Persons) As Provided By The Section 8 Program Of The National Housing Act. Eligible Low-Income Tenants Pay 30% Of Their Income As Rent While Hud Pays The Difference Between This Rental Amount And Contract Rent (As Defined). The Project Can Request From Hud An Additional Amount Equal To 80% Of Contract Rent During Periods That The Unit Is Vacant If Certain Conditions Are Met, But Not To Exceed 60 Days. I
31-1010573
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John Bartle
501(C)(3)
Senior Citizens' Housing/Retirement Communities
This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Contributions are deductible
Normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
12/2022
Download all available information for this organization plus form 990 pdf files to your computer, laptop, and phone.