Low Income (LIHTC)

Paramount

5500 Northfield Rd, Maple Heights, OH, 44137

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Paramount is a 99-unit affordable housing community in Maple Heights, Ohio that serves low-income households. The property was placed in service in 1990 and utilizes 9% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.

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

1990

LIHTC Credit Type

Low-Income Units

99 / 99

Designations

Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Maple Heights, 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 Paramount 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.

Who manages Paramount?+

Paramount is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Paramount?+

Paramount 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.

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