Income-restricted senior apartments
The Towers
524 W 53rd St, Anderson, IN 46013 · Map
307 apartments · Foundation Property Management, Inc.
The Towers offers income-restricted senior apartments in Anderson, Indiana. It has 307 apartments. It is managed by Foundation Property Management. Lilisity publishes no score or ranking for this community; the details below come from the public records named on this page.
Public records
Lilisity has no state care license on file for The Towers, so there is no state license or inspection record for it. This listing comes from public records. Listed by HUD Multifamily housing for elderly residents.
- Type
- Income-restricted senior apartments
- Apartments
- 307
- Programs
- Section 8 on a Section 202 property, FHA-insured mortgage (223(f) Refi/ Purchase Apts)
- Managed by
- Foundation Property Management
- County
- Madison County
- HUD Multifamily housing for elderly residents (as of Oct 17, 2026)
Common questions
What type of housing does The Towers provide?
The Towers offers income-restricted senior apartments in Anderson, Indiana. Lilisity has no state care license on file for The Towers, so there is no state license or inspection record for it. It has 307 apartments.
Who operates The Towers?
The Towers is operated by Foundation Property Management, Inc..
Does Lilisity rate The Towers?
No. We publish public records about The Towers but no score, rating, or ranking. Only communities on the Top Communities list or with a Senior Living Alliance Excellence Award, both based on phone-verified resident and family interviews, are ranked.
How much is rent at The Towers?
Rent at income-restricted senior apartments is set by income, usually about 30% of household income for HUD and USDA rental assistance units, or a fixed below-market rent for tax-credit units. Ask the property manager about current rent, income limits and the wait list.
How do I apply to The Towers?
Apply through Foundation Property Management at (765) 642-4917. Buildings like this have age limits (usually 62 and over, sometimes 55 and over) and income limits, and there is often a wait list. The property manager may not be on site.
How Lilisity works. The only scores or rankings Lilisity publishes are the Top Communities list and the Excellence Awards, both built from phone-verified resident and family interviews. Communities can pay Lilisity a flat monthly fee to manage their own listing: photos, prices, contact details, and receiving the inquiries families choose to send them. The fee is the same no matter how many families contact them or move in. Senior Living Alliance, which runs Lilisity, offers the same listing to its member communities as part of their membership; members pay SLA for its resident and family interview program. No community pays Lilisity per inquiry, per referral or per move-in. Payment never changes a testimonial, a rating, or the order of search results. The "Nearby Senior Living Alliance communities" box shows member communities only. How we verify testimonials · How we are paid