Low Income (LIHTC)Waitlist Open

Cornerstone I & Ii

2029 E 40th St, Cleveland, OH, 44103

Information verified May 30, 2026·We re-check waiting list status daily

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About This Property

Cornerstone I & II comprises 67 low-income units in Cleveland, Ohio and has been in service since 1993. The property is owned by a non-profit organization and serves households with low incomes in Cuyahoga County.

Waitlist Information

Waitlist managed by Cuyahoga Metropolitan Housing Authority

Public Housing Waitlist

Open

Apply: Online

The Public Housing program has recently changed to an open status. CMHA implements local preferences that are equally weighted and not ranked. Waitlist times vary by bedroom size, unit type, and admission preferences.

Last verified February 22, 2026

Section 8 (HCV) Waitlist

Open

Apply: Online

Preliminary applications are accepted year-round. Selections are made through ongoing lottery-style drawings. Preliminary applications are valid for 18 months.

Last verified February 17, 2026

Waitlist data provided by section8waitlist.org

Updated May 29, 2026

Property Details

Total Units

Fair Market Rent - Cuyahoga 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	$811
1 Bedroom	$913
2 Bedroom	$1,108
3 Bedroom	$1,434
4 Bedroom	$1,527

Income Limits - Cuyahoga County, OH

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,550
Very Low (50%): $27,550
Low (80%): $44,050

2 Persons

Extremely Low (30%): $18,900
Very Low (50%): $31,450
Low (80%): $50,350

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $35,400
Low (80%): $56,650

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $39,300
Low (80%): $62,900

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $42,450
Low (80%): $67,950

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $45,600
Low (80%): $73,000

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $48,750
Low (80%): $78,000

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $51,900
Low (80%): $83,050

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,550	$27,550	$44,050
2 Persons	$18,900	$31,450	$50,350
3 Persons	$21,960	$35,400	$56,650
4 Persons	$26,500	$39,300	$62,900
5 Persons	$31,040	$42,450	$67,950
6 Persons	$35,580	$45,600	$73,000
7 Persons	$40,120	$48,750	$78,000
8 Persons	$44,660	$51,900	$83,050

Tax Credit Program Details

Year Placed in Service

1993

Low-Income Units

67 / 67

Designations

Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Cleveland, OH?+

The Fair Market Rent (FMR) for Cuyahoga County, OH is: $811 (Studio), $913 (1BR), $1108 (2BR), $1434 (3BR), $1527 (4BR). Actual rent at subsidized properties like Cornerstone I & Ii is typically 30% of household income or less.

What are the income limits for affordable housing in Cuyahoga County, OH?+

For a 4-person household in Cuyahoga County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,300, Low Income (80% AMI): $62,900. These limits are set by HUD and updated annually.

Is there a waitlist for Cornerstone I & Ii?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Cornerstone I & Ii?+

Cornerstone I & Ii is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Cornerstone I & Ii?+

Cornerstone I & Ii 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.

Begin Application Now