About This Property
Villas of Cortland Creek comprises 40 two-bedroom units serving elderly residents in Cortland, Ohio. The property has been in service since 2008 and is non-profit owned with funding through the HOME program. All 40 units are designated as low-income housing.
Property Details
Fair Market Rent - Trumbull 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 | $633 |
| 1 Bedroom | $683 |
| 2 Bedroom | $860 |
| 3 Bedroom | $1,133 |
| 4 Bedroom | $1,198 |
Income Limits - Trumbull 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 Cortland, OH?+
The Fair Market Rent (FMR) for Trumbull County, OH is: $633 (Studio), $683 (1BR), $860 (2BR), $1133 (3BR), $1198 (4BR). Actual rent at subsidized properties like Villas of Cortland Creek is typically 30% of household income or less.
What size apartments are available at Villas of Cortland Creek?+
Villas of Cortland Creek offers the following unit types: 40 Two-Bedroom units, for a total of 40 units.
Who manages Villas of Cortland Creek?+
Villas of Cortland Creek is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Villas of Cortland Creek?+
Villas of Cortland Creek primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Cortland, OH?+
Based on Fair Market Rent for Trumbull County, the estimated price range is: 2-bedroom: $860. Actual rent at Villas of Cortland Creek may be lower for income-eligible households.
What are the income limits for affordable housing in Trumbull County, OH?+
For a 4-person household in Trumbull 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.
How do I apply for housing at Villas of Cortland Creek?+
Villas of Cortland Creek 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
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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