About This Property
Chimes Terrace offers 36 units of affordable housing in Johnstown, OH, within Licking County. The property was placed in service in 2014 and provides rental housing for qualified residents. Interested applicants can contact the management office for availability and application information.
Property Details
Fair Market Rent - Licking 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 - Licking 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 Johnstown, OH?+
The Fair Market Rent (FMR) for Licking County, OH is: $970 (Studio), $1065 (1BR), $1302 (2BR), $1574 (3BR), $1745 (4BR). Actual rent at subsidized properties like Chimes Terrace is typically 30% of household income or less.
What are the income limits for affordable housing in Licking County, OH?+
For a 4-person household in Licking 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.
Who manages Chimes Terrace?+
Chimes Terrace is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Chimes Terrace?+
Chimes Terrace 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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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