About This Property
Hokolesqua offers 24 two-bedroom units designated for low-income households in Frankfort, Ohio. The property was placed in service in 1997 and is financed through 4% Low-Income Housing Tax Credits. A non-profit organization owns and manages the community.
Property Details
Fair Market Rent - Ross 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 | $667 |
| 1 Bedroom | $768 |
| 2 Bedroom | $934 |
| 3 Bedroom | $1,155 |
| 4 Bedroom | $1,244 |
Income Limits - Ross 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Frankfort, OH?+
The Fair Market Rent (FMR) for Ross County, OH is: $667 (Studio), $768 (1BR), $934 (2BR), $1155 (3BR), $1244 (4BR). Actual rent at subsidized properties like Hokolesqua is typically 30% of household income or less.
What size apartments are available at Hokolesqua?+
Hokolesqua offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
Who manages Hokolesqua?+
Hokolesqua is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Hokolesqua?+
Hokolesqua 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 Frankfort, OH?+
Based on Fair Market Rent for Ross County, the estimated price range is: 2-bedroom: $934. Actual rent at Hokolesqua may be lower for income-eligible households.
What are the income limits for affordable housing in Ross County, OH?+
For a 4-person household in Ross 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
Location
Ross County, OH
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