About This Property
Lutz Road Villas III comprises 8 low-income residential units in Archbold, OH and has been in service since 1989. The property is funded through 9% Low-Income Housing Tax Credits. The development is managed by Fulton County's affordable housing program.
Property Details
Fair Market Rent - Fulton 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 | $691 |
| 1 Bedroom | $753 |
| 2 Bedroom | $986 |
| 3 Bedroom | $1,307 |
| 4 Bedroom | $1,378 |
Income Limits - Fulton County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,500
- Low (80%)
- $74,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,450 |
| 2 Persons | $17,420 | $28,200 | $45,050 |
| 3 Persons | $21,960 | $31,700 | $50,700 |
| 4 Persons | $26,500 | $35,200 | $56,300 |
| 5 Persons | $31,040 | $38,050 | $60,850 |
| 6 Persons | $35,580 | $40,850 | $65,350 |
| 7 Persons | $40,120 | $43,650 | $69,850 |
| 8 Persons | $44,660 | $46,500 | $74,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Archbold, OH?+
The Fair Market Rent (FMR) for Fulton County, OH is: $691 (Studio), $753 (1BR), $986 (2BR), $1307 (3BR), $1378 (4BR). Actual rent at subsidized properties like Lutz Road Villas Iii is typically 30% of household income or less.
What are the income limits for affordable housing in Fulton County, OH?+
For a 4-person household in Fulton County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.
How do I apply for housing at Lutz Road Villas Iii?+
Lutz Road Villas Iii 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 Lutz Road Villas Iii?+
Lutz Road Villas Iii is managed by . You can reach them at . Visit their website for more information.