About This Property
Ripley Schoolhouse Apts comprises 19 low-income units in Ripley, Ohio, serving elderly residents. The property includes 17 one-bedroom and 2 two-bedroom units and has been in service since 1998. The development is non-profit owned and financed with 9% low-income housing tax credits.
Property Details
Fair Market Rent - Brown 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 | $668 |
| 1 Bedroom | $672 |
| 2 Bedroom | $883 |
| 3 Bedroom | $1,129 |
| 4 Bedroom | $1,351 |
Income Limits - Brown 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 Ripley, OH?+
The Fair Market Rent (FMR) for Brown County, OH is: $668 (Studio), $672 (1BR), $883 (2BR), $1129 (3BR), $1351 (4BR). Actual rent at subsidized properties like Ripley Schoolhouse Apts is typically 30% of household income or less.
What size apartments are available at Ripley Schoolhouse Apts?+
Ripley Schoolhouse Apts offers the following unit types: 17 One-Bedroom, 2 Two-Bedroom units, for a total of 19 units.
How do I apply for housing at Ripley Schoolhouse Apts?+
Ripley Schoolhouse Apts 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 is the price range for apartments in Ripley, OH?+
Based on Fair Market Rent for Brown County, the estimated price range is: 1-bedroom: $672, 2-bedroom: $883. Actual rent at Ripley Schoolhouse Apts may be lower for income-eligible households.
Who is eligible to live at Ripley Schoolhouse Apts?+
Ripley Schoolhouse Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Brown County, OH?+
For a 4-person household in Brown 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 Ripley Schoolhouse Apts?+
Ripley Schoolhouse Apts 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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