
About This Property
Melrose Village Phase I & II comprises 106 low-income rental units in Findlay, Ohio, with a mix of 34 one-bedroom, 54 two-bedroom, and 18 three-bedroom apartments. The property was placed in service in 2006 and utilizes 4% Low-Income Housing Tax Credits (LIHTC) for financing. The development serves households meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Hancock 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 | $650 |
| 1 Bedroom | $740 |
| 2 Bedroom | $959 |
| 3 Bedroom | $1,242 |
| 4 Bedroom | $1,534 |
Income Limits - Hancock County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,450
- Very Low (50%)
- $27,450
- Low (80%)
- $43,900
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,350
- Low (80%)
- $50,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,250
- Low (80%)
- $56,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,150
- Low (80%)
- $62,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,300
- Low (80%)
- $67,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,450
- Low (80%)
- $72,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,550
- Low (80%)
- $77,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,700
- Low (80%)
- $82,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,450 | $27,450 | $43,900 |
| 2 Persons | $18,800 | $31,350 | $50,150 |
| 3 Persons | $21,960 | $35,250 | $56,400 |
| 4 Persons | $26,500 | $39,150 | $62,650 |
| 5 Persons | $31,040 | $42,300 | $67,700 |
| 6 Persons | $35,580 | $45,450 | $72,700 |
| 7 Persons | $40,120 | $48,550 | $77,700 |
| 8 Persons | $44,660 | $51,700 | $82,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Findlay, OH?+
The Fair Market Rent (FMR) for Hancock County, OH is: $650 (Studio), $740 (1BR), $959 (2BR), $1242 (3BR), $1534 (4BR). Actual rent at subsidized properties like Melrose Village Phase I & Ii is typically 30% of household income or less.
What size apartments are available at Melrose Village Phase I & Ii?+
Melrose Village Phase I & Ii offers the following unit types: 34 One-Bedroom, 54 Two-Bedroom, 18 Three-Bedroom units, for a total of 106 units.
What are the income limits for affordable housing in Hancock County, OH?+
For a 4-person household in Hancock County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,150, Low Income (80% AMI): $62,650. These limits are set by HUD and updated annually.
How do I apply for housing at Melrose Village Phase I & Ii?+
Melrose Village Phase I & Ii 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 Melrose Village Phase I & Ii?+
Melrose Village Phase I & Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Findlay, OH?+
Based on Fair Market Rent for Hancock County, the estimated price range is: 1-bedroom: $740, 2-bedroom: $959, 3-bedroom: $1242. Actual rent at Melrose Village Phase I & Ii may be lower for income-eligible households.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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