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):

April 4, 2014

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.

Acquisition of Reserve at Creekside Village

On March 28, 2014, Steadfast Income REIT, Inc. (the “Company”), through SIR Creekside, LLC (“SIR Creekside”), an indirect, wholly-owned subsidiary of the Company, acquired from a third party seller a fee simple interest in a 192-unit multifamily residential community located in Chattanooga, Tennessee, commonly known as Reserve at Creekside Village (the “Creekside Property”). SIR Creekside acquired the Creekside Property for an aggregate purchase price of $18,875,000, excluding closing costs. SIR Creekside funded the payment of the purchase price for the Creekside Property with proceeds from the Company’s initial public offering, which terminated on December 20, 2013.

Acquisition of Mapleshade Park

On March 31, 2014, the Company through SIR Mapleshade, LLC (“SIR Mapleshade”), an indirect, wholly-owned subsidiary of the Company, acquired from a third party seller a fee simple interest in a 148-unit multifamily residential community located in Dallas, Texas, commonly known as Mapleshade Park (the “Mapleshade Property”). SIR Mapleshade acquired the Mapleshade Property for an aggregate purchase price of $23,325,000, excluding closing costs. SIR Mapleshade financed the payment of the purchase price for the Mapleshade Property with a combination of: (1) proceeds from the Company’s initial public offering and (2) a loan in the aggregate principal amount of $15,161,000 from Berkadia Commercial Mortgage LLC, pursuant to the requirements of the Federal Home Loan Mortgage Corporation (Freddie Mac) Capital Markets Execution Program.

On April 4, 2014, the Company distributed a press release announcing the completion of the acquisition of the Creekside Property and Mapleshade 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 April 4, 2014

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:	April 4, 2014	By:	/s/ Ella S. Neyland
			Ella S. Neyland
			President

EXHIBIT INDEX

ExhibitsDescription

99.1 Press release, dated April 4, 2014

EX-99.1

Ex. 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 ACQUIRES TWO COMMUNITIES IN TENNESSEE AND DALLAS FOR $42 MILLION

IRVINE, Calif., April 4, 2014 - Steadfast Income REIT, Inc. announced today that it acquired two apartment communities in separate transactions for an aggregate purchase price of approximately $42 million: Reserve at Creekside Village in Chattanooga, Tenn. and Mapleshade Park in Dallas. The REIT now owns 65 communities in 11 Midwestern and Southern states.

"Both communities are located near attractive retail and restaurant amenities, and are adjacent to major employment hubs," said Ella Shaw Neyland, president of Steadfast Income REIT. "These assets are consistent with our philosophy of acquiring stable, income-producing properties in strong growth markets where we see opportunity to enhance operational efficiencies and maximize overall value.”

Reserve at Creekside is a 192-unit community situated on approximately 36 acres. Constructed in 2004, the 91% occupied property comprises eight buildings with spacious one-, two-, and three-bedroom configurations that average 1,100 square feet. Average in-place rents are $965.

Apartment homes at Reserve at Creekside boast private balconies/patios, full-size washers and dryers, spacious walk-in closets and kitchen appliances. Residents enjoy resort-style living including a swimming pool, fitness center, business center, outdoor playground, dog park and BBQ/picnic area.

Reserve at Creekside represents the REIT’s first property in Chattanooga and its fourth in the state. Chattanooga is a thriving, progressive city that has received national recognition for the renaissance of its beautiful downtown and the redevelopment of its riverfront. Its economy is bolstered by a diverse and rich employment market.

Mapleshade Park is a 148-unit Class A, garden-style community in the heart of Dallas with convenient access to important thoroughfares that feed to downtown. The 96% occupied complex features two-bedroom apartment homes in three different floor plans ranging from 1,101 - 1,305 square feet. Each unit comes with a private balcony/patio, walk-in closets and appliances. Additionally, residents have access to a fitness center, swimming pool, hot tub, dog park, clubhouse and BBQ areas.

Approximately 15% of the apartment homes at Mapleshade have been renovated to include granite countertops, upgraded appliances, vinyl wood flooring and large-slat wood blinds. Steadfast plans to continue the interior upgrades when turning the units between residents.

The addition of Mapleshade Park brings Steadfast’s Dallas-Fort Worth portfolio to seven properties and 24 properties across Texas. Dubbed one of the country’s top-performing economies, Dallas’ affordability for businesses and residents continues to drive corporate expansion and residential relocation to the area-supporting its long-term positive economic outlook. Ryan Reid, Dirk Goris and Jeremy Faltys with CBRE in Dallas represented Steadfast in the transaction.

With these latest acquisitions, the REIT has acquired approximately 16,300 units in Alabama, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Oklahoma, Ohio, Tennessee and Texas.

About Steadfast Income REIT

Steadfast Income REIT has invested more than $1.5 billion in 65 apartment communities in 11 Midwestern and Southern states. 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.

###