8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported):

December 28, 2012

Steadfast Income REIT, Inc.

(Exact Name of Registrant as Specified in Charter)

Maryland	000-54674	27-0351641
(State or Other Jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification No.)

18100 Von Karman Avenue, Suite 500

Irvine, California 92612

(Address of Principal Executive Offices, including Zip Code)

Registrant's telephone number, including area code: (949) 852-0700

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2.):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD Disclosure.

On December 28, 2012, Steadfast Income REIT, Inc. (the “Company”), through SIR Valley Farms North, LLC (“SIR VF North”) and SIR Valley Farms Clubhouse, LLC (“SIR VF Clubhouse”), wholly-owned subsidiaries of Steadfast Income REIT Operating Partnership, L.P., the Company’s operating partnership (the “Operating Partnership”), acquired from third party sellers a fee simple interest in a 26.42-acre property with a partially completed multifamily residential project consisting of 32 completed units and a separate property with a clubhouse and amenities, located in Louisville, Kentucky, commonly known as South Pointe at Valley Farms (collectively, the “South Pointe Property”). SIR VF North and SIR VF Clubhouse acquired the South Pointe Property for an aggregate purchase price of $5,275,000, excluding closing costs. SIR VF North and SIR VF Clubhouse financed the payment of the purchase price for the South Pointe Property with a combination of (1) proceeds from the Company’s public offering and (2) a loan in the aggregate principal amount of $2,275,000 from Valley Farms Apartments, LLC, a Kentucky limited liability company, an unaffiliated third party.

On December 28, 2012, the Company, through SIR Riverford, LLC (“SIR Riverford”), a wholly-owned subsidiary of the Operating Partnership, acquired from a third party seller a fee simple interest in a 300-unit multifamily residential community located in Frankfort, Kentucky, commonly known as Riverford Crossing (the “Riverford Property”). SIR Riverford acquired the Riverford Property for an aggregate purchase price of $30,000,000, excluding closing costs. SIR Riverford financed the payment of the purchase price for the Riverford Property with a combination of (1) proceeds from the Company’s public offering and (2) a loan in the aggregate principal amount of $21,900,000 from PNC Bank, National Association, a national banking association (“PNC”), pursuant to the requirements of the Federal Home Loan Mortgage Corporation (“Freddie Mac”) Capital Markets Execution Program.

On December 28, 2012, the Company, through SIR Keystone, LLC (“SIR Keystone”), a wholly-owned subsidiary of the Operating Partnership, acquired from a third party seller a fee simple interest in a 90-unit multifamily residential community located in Nashville, Tennessee, commonly known as Keystone Farms Apartments (the “Keystone Property”). SIR Keystone acquired the the Keystone Property for an aggregate purchase price of $8,400,000, excluding closing costs. SIR Keystone financed the payment of the purchase price for the Keystone Property with a combination of (1) proceeds from the Company’s public offering and (2) a loan in the aggregate principal amount of $6,200,000 from PNC, pursuant to the requirements of the Fannie Mae DUS Supplemental Loan Program.

On December 31, 2012, the Company, through SIR Montecito, LLC (“SIR Montecito”), a wholly-owned subsidiary of the Operating Partnership, acquired from a third party seller a fee simple interest in a 268-unit multifamily residential community located in Austin, Texas, commonly known as Montecito Apartments (the “Montecito Property”). SIR Montecito acquired the the Montecito Property for an aggregate purchase price of $19,000,000, excluding closing costs. SIR Montecito financed the payment of the purchase price for the Montecito Property with a combination of (1) proceeds from the Company’s public offering and (2) a loan in the aggregate principal amount of $14,250,000 from PNC pursuant to the requirements of the Freddie Mac Capital Markets Execution Program.

On January 3, 2013, the Company distributed a press release announcing the completion of the acquisition of the South Pointe Property, the Riverford Property, the Keystone Property and the Montecito Property. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

The information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

Item 9.01    Financial Statements and Exhibits.

(d) Exhibits.

ExhibitDescription

99.1 Press release, dated January 3, 2013

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		STEADFAST INCOME REIT, INC.
Date:	January 3, 2013	By:	/s/ Ella Shaw Neyland
			Ella Shaw Neyland
			President

EXHIBIT INDEX

ExhibitsDescription

99.1 Press release, dated January 3, 2013

EX-99.1

EXHIBIT 99.1

18100 Von Karman Avenue Suite 500 Irvine, CA 92612 949.852.0700

NEWS RELEASE

Contact:    Jennifer Schmidt

Phone:        949.333.1721

Email:        jschmidt@steadfastcmg.com

STEADFAST INCOME REIT ADDS OVER $100 MILLION IN APARTMENTS

WITH YEAR-END ACQUISITIONS

Acquires Properties in Kentucky, Tennessee and Texas

IRVINE, Calif., Jan. 3, 2013 - Steadfast Income REIT, Inc. announced today that it added five apartment communities for an aggregate purchase price of approximately $115 million in the last days of 2012. The properties were acquired in five separate transactions and include properties in Lexington, Louisville and Frankfort, Ky.; Nashville, Tenn.; and Austin, Texas.

“Our December acquisitions capped a banner year for the company,” said Ella Neyland, president of Steadfast. “In 2012 we added 22 properties with over 5,400 apartment homes for $500 million, and expanded into five new Midwestern and Southern states.”

The first in the series of acquisitions was on Dec. 20 when Steadfast purchased Forty57 in Lexington, Ky. for $52.5 million. The 88% occupied property was built in phases between 2008 and 2012 and is one of the premier communities in Lexington. Residents enjoy a mix of spacious one-, two- and three-bedroom apartments and townhomes with a full complement of amenities that include garages, washer/dryer connections and contemporary kitchens with tile floors, wood cabinetry and stone back splashes. Community amenities include a clubhouse with computer café, two resort-style outdoor pools, state of the art fitness and cardio center, a 40-seat movie theatre, a volleyball court and a putting green.

On Dec. 28 Steadfast added a sixth Louisville, Ky. property to its portfolio with the purchase of South Pointe at Valley Farms for $5.275 million. South Pointe is a 26-acre site that includes 32 apartment homes, a clubhouse community building and fully entitled and improved land slated for additional apartment homes. South Pointe is immediately adjacent to another Steadfast property, Valley Farms, which was purchased in Aug. 2012. South Pointe offers a mix of spacious two- and three-bedroom apartment homes that average 1,368 square feet and have in-place rents that average $1,034.

Steadfast also entered two new markets on Dec. 28 with the acquisition of both Keystone Farms and Riverford Crossing for a combined acquisition cost of $38.4 million.

Keystone Farms is a 90-home apartment community located 20 minutes from downtown Nashville, Tenn. The fully occupied property was built in 1998 and consists of six residential buildings with a mix of two- and three-bedroom apartments and townhomes. Units have fully appointed kitchens, washer and dryer connections, walk-in closets, central air conditioning and gas fireplaces.

The Nashville metropolitan area has seen a 21% increase in population since 2000, and was recently ranked by Forbes as one of the fastest growing cities in the United States. Nashville is home to 21 four-year and post-graduate institutions, including Vanderbilt University that is located just 12 miles from Keystone Farms. Nashville continues to be a major tourist city, and is home to the Country Music Hall of Fame. The music industry is responsible for 54,000 jobs with a $6.4 billion economic impact.

Riverford Crossing is in Kentucky's capital city of Frankfort. Constructed in 2011, Riverford Crossing was purchased for $30 million and consists of 300 one- and two-bedroom apartments and townhomes that average 1,029 square feet. Homes feature fully appointed stainless steel kitchens, built-in washers and dryers, walk-in closets, central air conditioning, and many enjoy vaulted ceilings and garages. The 94% occupied property is well located just six miles from downtown Frankfort, and provides convenient commuter access to both Louisville and Lexington.

Last in the series of acquisitions was the 268-unit Montecito in Austin, Texas that was purchased for $19 million on Dec. 31. Montecito was built in 1984 and underwent a $1.78 million upgrade in 2011 that included renovations to buildings, site improvements and interior upgrades such as cherry wood cabinetry and wood plank flooring. The 96% occupied property is located five miles from downtown Austin and the University of Texas. Austin is consistently rated near the top on various lists of best places to live, work or open a business, and has a diverse economy which is anchored by state and federal government, education and health services, professional services and information technology.

“We continue to find acquisitions that fit our business plan to focus on prime locations in secondary markets with signs of vitality in the local economy,” said Neyland. “Our apartment markets generally have above average job growth from expanding local businesses, favorable regulatory climates, convenient access to transportation and capital investments from both private and public sources.”

About Steadfast Income REIT

Steadfast Income REIT is a real estate investment trust that intends to acquire and operate a diverse portfolio of real estate investments focused primarily on the multifamily sector, including stable, income-producing and value-added properties. Steadfast Income REIT is sponsored by Steadfast REIT Investments, LLC, an affiliate of Steadfast Companies, an Orange County, Calif.-based group of affiliated real estate investment companies that acquire, develop and manage real estate in the U.S. and Mexico.

This release contains certain forward-looking statements. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release. Such factors include those described in the Risk Factors sections of Steadfast Income REIT, Inc.'s annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements in this document speak only as of the date on which such statements were made, and the company undertakes no obligation to update any such statements that may become untrue because of subsequent events. Such forward-looking statements are subject to the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

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