About This Property
Urbana Village North comprises 38 low-income rental units in Urbana, Ohio, with a mix of 21 two-bedroom, 15 three-bedroom, and 2 four-bedroom units. The property was placed in service in 2003 and is funded through tax-exempt bonds with 4% Low Income Housing Tax Credit financing. The development serves households at low-income levels in Champaign County.
Property Details
Fair Market Rent - Champaign 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 | $676 |
| 1 Bedroom | $694 |
| 2 Bedroom | $879 |
| 3 Bedroom | $1,170 |
| 4 Bedroom | $1,262 |
Income Limits - Champaign County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,400
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,150
- Low (80%)
- $45,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,650
- Low (80%)
- $50,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,150
- Low (80%)
- $56,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,000
- Low (80%)
- $60,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,800
- Low (80%)
- $65,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,600
- Low (80%)
- $69,750
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,400 |
| 2 Persons | $17,420 | $28,150 | $45,000 |
| 3 Persons | $21,960 | $31,650 | $50,650 |
| 4 Persons | $26,500 | $35,150 | $56,250 |
| 5 Persons | $31,040 | $38,000 | $60,750 |
| 6 Persons | $35,580 | $40,800 | $65,250 |
| 7 Persons | $40,120 | $43,600 | $69,750 |
| 8 Persons | $44,660 | $46,400 | $74,250 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Urbana, OH?+
The Fair Market Rent (FMR) for Champaign County, OH is: $676 (Studio), $694 (1BR), $879 (2BR), $1170 (3BR), $1262 (4BR). Actual rent at subsidized properties like Urbana Village North is typically 30% of household income or less.
What size apartments are available at Urbana Village North?+
Urbana Village North offers the following unit types: 21 Two-Bedroom, 15 Three-Bedroom, 2 Four-Bedroom units, for a total of 38 units.
How do I apply for housing at Urbana Village North?+
Urbana Village North 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 manages Urbana Village North?+
Urbana Village North is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Urbana, OH?+
Based on Fair Market Rent for Champaign County, the estimated price range is: 2-bedroom: $879, 3-bedroom: $1170. Actual rent at Urbana Village North may be lower for income-eligible households.
What are the income limits for affordable housing in Champaign County, OH?+
For a 4-person household in Champaign County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,150, Low Income (80% AMI): $56,250. These limits are set by HUD and updated annually.
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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