About This Property
Villa on the Lake consists of 26 low-income residential units in Huron, Ohio, and has been in service since 1989. The property is situated in Erie County and serves households with affordable housing needs. Interested parties may contact the property management for further information regarding availability and terms.
Property Details
Fair Market Rent - Erie 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 | $767 |
| 1 Bedroom | $772 |
| 2 Bedroom | $962 |
| 3 Bedroom | $1,163 |
| 4 Bedroom | $1,414 |
Income Limits - Erie County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,700
- Very Low (50%)
- $24,500
- Low (80%)
- $39,200
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,500
- Low (80%)
- $50,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,000
- Low (80%)
- $56,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,800
- Low (80%)
- $60,500
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,600
- Low (80%)
- $65,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,400
- Low (80%)
- $69,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,700 | $24,500 | $39,200 |
| 2 Persons | $17,420 | $28,000 | $44,800 |
| 3 Persons | $21,960 | $31,500 | $50,400 |
| 4 Persons | $26,500 | $35,000 | $56,000 |
| 5 Persons | $31,040 | $37,800 | $60,500 |
| 6 Persons | $35,580 | $40,600 | $65,000 |
| 7 Persons | $40,120 | $43,400 | $69,450 |
| 8 Persons | $44,660 | $46,200 | $73,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Huron, OH?+
The Fair Market Rent (FMR) for Erie County, OH is: $767 (Studio), $772 (1BR), $962 (2BR), $1163 (3BR), $1414 (4BR). Actual rent at subsidized properties like Villa on the Lake is typically 30% of household income or less.
What are the income limits for affordable housing in Erie County, OH?+
For a 4-person household in Erie County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,000, Low Income (80% AMI): $56,000. These limits are set by HUD and updated annually.
How do I apply for housing at Villa on the Lake?+
Villa on the Lake 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 Villa on the Lake?+
Villa on the Lake is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Erie County, OH
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