About This Property
Ojakian Commons offers 48 apartments in Simsbury, Connecticut, with 47 units designated as low-income housing for families. The property includes 38 one-bedroom and 10 two-bedroom units and has been in operation since 2015. This development is financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Hartford County, CT
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,121 |
| 1 Bedroom | $1,319 |
| 2 Bedroom | $1,654 |
| 3 Bedroom | $2,000 |
| 4 Bedroom | $2,425 |
Income Limits - Hartford County, CT
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,950
- Very Low (50%)
- $36,550
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,050
- Very Low (50%)
- $41,750
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,200
- Very Low (50%)
- $46,950
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,300
- Very Low (50%)
- $52,150
- Low (80%)
- $79,900
- Extremely Low (30%)
- $33,850
- Very Low (50%)
- $56,350
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,350
- Very Low (50%)
- $60,500
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $64,700
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $68,850
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,950 | $36,550 | $55,950 |
| 2 Persons | $25,050 | $41,750 | $63,950 |
| 3 Persons | $28,200 | $46,950 | $71,950 |
| 4 Persons | $31,300 | $52,150 | $79,900 |
| 5 Persons | $33,850 | $56,350 | $86,300 |
| 6 Persons | $36,350 | $60,500 | $92,700 |
| 7 Persons | $40,120 | $64,700 | $99,100 |
| 8 Persons | $44,660 | $68,850 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Simsbury, CT?+
The Fair Market Rent (FMR) for Hartford County, CT is: $1121 (Studio), $1319 (1BR), $1654 (2BR), $2000 (3BR), $2425 (4BR). Actual rent at subsidized properties like Ojakian Commons is typically 30% of household income or less.
What size apartments are available at Ojakian Commons?+
Ojakian Commons offers the following unit types: 38 One-Bedroom, 10 Two-Bedroom units, for a total of 48 units.
What is the price range for apartments in Simsbury, CT?+
Based on Fair Market Rent for Hartford County, the estimated price range is: 1-bedroom: $1319, 2-bedroom: $1654. Actual rent at Ojakian Commons may be lower for income-eligible households.
What are the income limits for affordable housing in Hartford County, CT?+
For a 4-person household in Hartford County, CT, the income limits are: Extremely Low Income (30% AMI): $31,300, Very Low Income (50% AMI): $52,150, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Ojakian Commons?+
Ojakian Commons is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Ojakian Commons?+
Ojakian Commons is managed by . You can reach them at .
Who is eligible to live at Ojakian Commons?+
Ojakian Commons primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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