About This Property
Park Meadows comprises 28 low-income units in Ontario, Ohio, and has served elderly residents since 2007. All units are two-bedroom apartments designed to accommodate this population. The property receives HOME funding support.
Property Details
Fair Market Rent - Richland 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 | $609 |
| 1 Bedroom | $689 |
| 2 Bedroom | $860 |
| 3 Bedroom | $1,182 |
| 4 Bedroom | $1,355 |
Income Limits - Richland County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,950
- Very Low (50%)
- $23,250
- Low (80%)
- $37,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,550
- Low (80%)
- $42,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,850
- Low (80%)
- $47,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,150
- Low (80%)
- $53,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,850
- Low (80%)
- $57,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,500
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,150
- Low (80%)
- $65,800
- Extremely Low (30%)
- $43,800
- Very Low (50%)
- $43,800
- Low (80%)
- $70,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,950 | $23,250 | $37,150 |
| 2 Persons | $17,420 | $26,550 | $42,450 |
| 3 Persons | $21,960 | $29,850 | $47,750 |
| 4 Persons | $26,500 | $33,150 | $53,050 |
| 5 Persons | $31,040 | $35,850 | $57,300 |
| 6 Persons | $35,580 | $38,500 | $61,550 |
| 7 Persons | $40,120 | $41,150 | $65,800 |
| 8 Persons | $43,800 | $43,800 | $70,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ontario, OH?+
The Fair Market Rent (FMR) for Richland County, OH is: $609 (Studio), $689 (1BR), $860 (2BR), $1182 (3BR), $1355 (4BR). Actual rent at subsidized properties like Park Meadows is typically 30% of household income or less.
What size apartments are available at Park Meadows?+
Park Meadows offers the following unit types: 28 Two-Bedroom units, for a total of 28 units.
Who manages Park Meadows?+
Park Meadows is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Park Meadows?+
Park Meadows 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 Park Meadows?+
Park Meadows 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 Ontario, OH?+
Based on Fair Market Rent for Richland County, the estimated price range is: 2-bedroom: $860. Actual rent at Park Meadows may be lower for income-eligible households.
What are the income limits for affordable housing in Richland County, OH?+
For a 4-person household in Richland County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,150, Low Income (80% AMI): $53,050. These limits are set by HUD and updated annually.
Contact Information
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