About This Property
Waterford Townhomes comprises 92 units in Lima, Ohio, with 82 designated as low-income housing. The community offers a mix of 40 two-bedroom and 52 three-bedroom townhomes and has been in service since 2002. A non-profit organization owns and operates the property.
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 Waterford Townhomes is typically 30% of household income or less.
What size apartments are available at Waterford Townhomes?+
Waterford Townhomes offers the following unit types: 40 Two-Bedroom, 52 Three-Bedroom units, for a total of 92 units.
What is the price range for apartments in Lima, OH?+
Based on Fair Market Rent for Allen County, the estimated price range is: 2-bedroom: $947, 3-bedroom: $1177. Actual rent at Waterford Townhomes may be lower for income-eligible households.
Is there a waitlist for Waterford Townhomes?+
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.
How do I apply for housing at Waterford Townhomes?+
Waterford Townhomes 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.
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.
Who manages Waterford Townhomes?+
Waterford Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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