About This Property
Vandalia Assoc comprises 76 one-bedroom units serving elderly residents in Vandalia, Ohio. The property has been in service since 2003 and is funded through tax-exempt bonds with 4% Low-Income Housing Tax Credits. All units are designated as low-income housing.
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 Vandalia, 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 Vandalia Assoc is typically 30% of household income or less.
What size apartments are available at Vandalia Assoc?+
Vandalia Assoc offers the following unit types: 76 One-Bedroom units, for a total of 76 units.
Who is eligible to live at Vandalia Assoc?+
Vandalia Assoc primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Vandalia Assoc?+
Vandalia Assoc is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Vandalia Assoc?+
Vandalia Assoc 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 is the price range for apartments in Vandalia, OH?+
Based on Fair Market Rent for Montgomery County, the estimated price range is: 1-bedroom: $800. Actual rent at Vandalia Assoc may be lower for income-eligible households.
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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
