
About This Property
Ridge is a 48-unit affordable housing community in Reynoldsburg, Ohio that provides low-income housing. The property was placed in service in 1990 and receives 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Franklin 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 | $970 |
| 1 Bedroom | $1,065 |
| 2 Bedroom | $1,302 |
| 3 Bedroom | $1,574 |
| 4 Bedroom | $1,745 |
Income Limits - Franklin County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,650
- Very Low (50%)
- $29,350
- Low (80%)
- $46,950
- Extremely Low (30%)
- $20,150
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $22,650
- Very Low (50%)
- $37,750
- Low (80%)
- $60,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,900
- Low (80%)
- $67,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,300
- Low (80%)
- $72,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,650
- Low (80%)
- $77,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,000
- Low (80%)
- $83,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,350
- Low (80%)
- $88,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,650 | $29,350 | $46,950 |
| 2 Persons | $20,150 | $33,550 | $53,650 |
| 3 Persons | $22,650 | $37,750 | $60,350 |
| 4 Persons | $26,500 | $41,900 | $67,050 |
| 5 Persons | $31,040 | $45,300 | $72,450 |
| 6 Persons | $35,580 | $48,650 | $77,800 |
| 7 Persons | $40,120 | $52,000 | $83,150 |
| 8 Persons | $44,660 | $55,350 | $88,550 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Reynoldsburg, OH?+
The Fair Market Rent (FMR) for Franklin County, OH is: $970 (Studio), $1065 (1BR), $1302 (2BR), $1574 (3BR), $1745 (4BR). Actual rent at subsidized properties like Ridge is typically 30% of household income or less.
What are the income limits for affordable housing in Franklin County, OH?+
For a 4-person household in Franklin County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,900, Low Income (80% AMI): $67,050. These limits are set by HUD and updated annually.
How do I apply for housing at Ridge?+
Ridge 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 Ridge?+
Ridge is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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