About This Property
Shilo Vilas II is a 72-unit affordable housing community in Trotwood that serves elderly residents. The property includes 56 two-bedroom units and 16 three-bedroom units, with 50 designated as low-income housing. Built in 2003 and financed through HOME funding and 9% Low-Income Housing Tax Credits, this non-profit owned community provides housing options for seniors in Montgomery County.
Property Details
Fair Market Rent - Montgomery 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 - Montgomery 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 Trotwood, OH?+
The Fair Market Rent (FMR) for Montgomery County, OH is: $743 (Studio), $800 (1BR), $1023 (2BR), $1330 (3BR), $1459 (4BR). Actual rent at subsidized properties like Shilo Vilas Ii is typically 30% of household income or less.
What size apartments are available at Shilo Vilas Ii?+
Shilo Vilas Ii offers the following unit types: 56 Two-Bedroom, 16 Three-Bedroom units, for a total of 72 units.
What are the income limits for affordable housing in Montgomery County, OH?+
For a 4-person household in Montgomery 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 Trotwood, OH?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 2-bedroom: $1023, 3-bedroom: $1330. Actual rent at Shilo Vilas Ii may be lower for income-eligible households.
Who manages Shilo Vilas Ii?+
Shilo Vilas Ii is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Shilo Vilas Ii?+
Shilo Vilas Ii 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 Shilo Vilas Ii?+
Shilo Vilas 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.
Contact Information
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