About This Property
Liberty Commons contains 81 one-bedroom units serving elderly residents in Tipp City, Ohio. The property was placed in service in 2006 and utilizes 4% Low-Income Housing Tax Credits to provide low-income housing. All 81 units at this Miami County property are designated as affordable housing.
Property Details
Fair Market Rent - Miami 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 | $743 |
| 1 Bedroom | $800 |
| 2 Bedroom | $1,023 |
| 3 Bedroom | $1,330 |
| 4 Bedroom | $1,459 |
Income Limits - Miami County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,900
- Very Low (50%)
- $26,500
- Low (80%)
- $42,400
- Extremely Low (30%)
- $18,200
- Very Low (50%)
- $30,300
- Low (80%)
- $48,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,100
- Low (80%)
- $54,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,850
- Low (80%)
- $60,550
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,900
- Low (80%)
- $65,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,950
- Low (80%)
- $70,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,950
- Low (80%)
- $75,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,000
- Low (80%)
- $79,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,900 | $26,500 | $42,400 |
| 2 Persons | $18,200 | $30,300 | $48,450 |
| 3 Persons | $21,960 | $34,100 | $54,500 |
| 4 Persons | $26,500 | $37,850 | $60,550 |
| 5 Persons | $31,040 | $40,900 | $65,400 |
| 6 Persons | $35,580 | $43,950 | $70,250 |
| 7 Persons | $40,120 | $46,950 | $75,100 |
| 8 Persons | $44,660 | $50,000 | $79,950 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Tipp City, OH?+
The Fair Market Rent (FMR) for Miami County, OH is: $743 (Studio), $800 (1BR), $1023 (2BR), $1330 (3BR), $1459 (4BR). Actual rent at subsidized properties like Liberty Commons is typically 30% of household income or less.
What size apartments are available at Liberty Commons?+
Liberty Commons offers the following unit types: 81 One-Bedroom units, for a total of 81 units.
Who is eligible to live at Liberty Commons?+
Liberty Commons 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 Liberty Commons?+
Liberty Commons 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.
What are the income limits for affordable housing in Miami County, OH?+
For a 4-person household in Miami County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,850, Low Income (80% AMI): $60,550. These limits are set by HUD and updated annually.
What is the price range for apartments in Tipp City, OH?+
Based on Fair Market Rent for Miami County, the estimated price range is: 1-bedroom: $800. Actual rent at Liberty Commons may be lower for income-eligible households.
Who manages Liberty Commons?+
Liberty Commons is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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