About This Property
Melford Village Apts is a 38-unit affordable housing community in Spencerville, OH that has been in service since 2011. The property contains 29 two-bedroom units, 7 three-bedroom units, and 2 four-bedroom units designated for low-income residents. It is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
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 Spencerville, 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 Melford Village Apts is typically 30% of household income or less.
What size apartments are available at Melford Village Apts?+
Melford Village Apts offers the following unit types: 29 Two-Bedroom, 7 Three-Bedroom, 2 Four-Bedroom units, for a total of 38 units.
What is the price range for apartments in Spencerville, OH?+
Based on Fair Market Rent for Allen County, the estimated price range is: 2-bedroom: $947, 3-bedroom: $1177. Actual rent at Melford Village Apts may be lower for income-eligible households.
Who manages Melford Village Apts?+
Melford Village Apts is managed by . You can reach them at .
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 Melford Village Apts?+
Melford Village Apts 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.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
