Rosewood Terrace
4100 South, Richmond, Indiana 47374
Rosewood Terrace is an affordable apartment community for Seniors 62 and over in Richmond, IN. Rosewood Terrace features many different unit and property amenities.
Rosewood Terrace is a HUD Apartment. HUD residents usually pay 30% of their gross income for rent. The rent amount, less approved HUD deductions such as medical and child care expenses, and other allowances, includes a utility allowance. HUD Residents also may choose to pay what is known as flat rent. The HACC works with applicants to determine which rent arrangement is best for them. Rosewood Terrace is a senior low income housing apartment subsidized by the federal governments HUD (Housing and Urban Development Division).
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