About This Property
Meadowview Village offers 40 units of affordable housing in Mt. Sterling, OH, with 39 units designated as low-income housing. The property, which was placed in service in 2007, serves elderly residents and includes 39 one-bedroom units and one two-bedroom unit. The community is non-profit owned and operated.
Property Details
Fair Market Rent - Madison 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 - Madison 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 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mt Sterling, OH?+
The Fair Market Rent (FMR) for Madison County, OH is: $970 (Studio), $1065 (1BR), $1302 (2BR), $1574 (3BR), $1745 (4BR). Actual rent at subsidized properties like Meadowview Village is typically 30% of household income or less.
What size apartments are available at Meadowview Village?+
Meadowview Village offers the following unit types: 39 One-Bedroom, 1 Two-Bedroom units, for a total of 40 units.
Who is eligible to live at Meadowview Village?+
Meadowview Village primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Meadowview Village?+
Meadowview Village 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 Meadowview Village?+
Meadowview Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Madison County, OH?+
For a 4-person household in Madison 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.
What is the price range for apartments in Mt Sterling, OH?+
Based on Fair Market Rent for Madison County, the estimated price range is: 1-bedroom: $1065, 2-bedroom: $1302. Actual rent at Meadowview Village may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent