About This Property
New Lima Homes offers 60 four-bedroom units designed to serve low-income households and disabled residents in Lima, Ohio. The property has been in service since 2005 and is owned and operated by a non-profit organization with funding through the HOME program.
Waitlist Information
Waitlist managed by Allen Metropolitan Housing Authority
This is for the 4 Bedroom waiting list. Applicants already on other AMHA waiting lists must apply separately.
The HCVP waiting list is usually closed. When it opens, we announce it in local newspapers, on this website, our Facebook page, and in other community locations.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Allen County, OH
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $716 |
| 1 Bedroom | $737 |
| 2 Bedroom | $947 |
| 3 Bedroom | $1,177 |
| 4 Bedroom | $1,328 |
Income Limits - Allen County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,550
- Low (80%)
- $42,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,150
- Low (80%)
- $53,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,850
- Low (80%)
- $57,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,500
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $43,800
- Very Low (50%)
- $43,800
- Low (80%)
- $70,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,150 |
| 2 Persons | $17,420 | $26,550 | $42,450 |
| 3 Persons | $21,960 | $29,850 | $47,750 |
| 4 Persons | $26,500 | $33,150 | $53,050 |
| 5 Persons | $31,040 | $35,850 | $57,300 |
| 6 Persons | $35,580 | $38,500 | $61,550 |
| 7 Persons | $40,120 | $41,150 | $65,800 |
| 8 Persons | $43,800 | $43,800 | $70,050 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Lima, OH?+
The Fair Market Rent (FMR) for Allen County, OH is: $716 (Studio), $737 (1BR), $947 (2BR), $1177 (3BR), $1328 (4BR). Actual rent at subsidized properties like New Lima Homes is typically 30% of household income or less.
What size apartments are available at New Lima Homes?+
New Lima Homes offers the following unit types: 60 Four-Bedroom units, for a total of 60 units.
Who manages New Lima Homes?+
New Lima Homes is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Allen County, OH?+
For a 4-person household in Allen County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,150, Low Income (80% AMI): $53,050. These limits are set by HUD and updated annually.
How do I apply for housing at New Lima Homes?+
New Lima Homes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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 is eligible to live at New Lima Homes?+
New Lima Homes primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for New Lima Homes?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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