About This Property
Forrest Hills Terrace contains 420 low-income residential units in East Cleveland, Ohio, with a mix of 306 one-bedroom and 114 two-bedroom apartments. The property has been in service since 2003 and is financed through tax-exempt bonds and 4% Low Income Housing Tax Credits. This development serves residents in Cuyahoga County.
Property Details
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.
- Extremely Low (30%)
- $16,550
- Very Low (50%)
- $27,550
- Low (80%)
- $44,050
- Extremely Low (30%)
- $18,900
- Very Low (50%)
- $31,450
- Low (80%)
- $50,350
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,400
- Low (80%)
- $56,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,300
- Low (80%)
- $62,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,450
- Low (80%)
- $67,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,600
- Low (80%)
- $73,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,750
- Low (80%)
- $78,000
- 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
Frequently Asked Questions
What is the average rent for affordable housing in East 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 Forrest Hills Terrace is typically 30% of household income or less.
What size apartments are available at Forrest Hills Terrace?+
Forrest Hills Terrace offers the following unit types: 306 One-Bedroom, 114 Two-Bedroom units, for a total of 420 units.
What is the price range for apartments in East Cleveland, OH?+
Based on Fair Market Rent for Cuyahoga County, the estimated price range is: 1-bedroom: $913, 2-bedroom: $1108. Actual rent at Forrest Hills Terrace may be lower for income-eligible households.
How do I apply for housing at Forrest Hills Terrace?+
Forrest Hills Terrace 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 Forrest Hills Terrace?+
Forrest Hills Terrace is managed by . You can reach them at . Visit their website for more information.
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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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