About This Property
Lake Towne Senior Village comprises 43 two-bedroom units designed for elderly residents in Walbridge, Ohio. The property has served low-income seniors since its placement in service in 2008 and is owned and operated by a non-profit organization with funding support from the HOME program.
Property Details
Fair Market Rent - Wood 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 | $691 |
| 1 Bedroom | $753 |
| 2 Bedroom | $986 |
| 3 Bedroom | $1,307 |
| 4 Bedroom | $1,378 |
Income Limits - Wood County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,800
- Very Low (50%)
- $24,650
- Low (80%)
- $39,450
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,200
- Low (80%)
- $45,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,700
- Low (80%)
- $50,700
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,050
- Low (80%)
- $60,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,850
- Low (80%)
- $65,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,650
- Low (80%)
- $69,850
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,500
- Low (80%)
- $74,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,800 | $24,650 | $39,450 |
| 2 Persons | $17,420 | $28,200 | $45,050 |
| 3 Persons | $21,960 | $31,700 | $50,700 |
| 4 Persons | $26,500 | $35,200 | $56,300 |
| 5 Persons | $31,040 | $38,050 | $60,850 |
| 6 Persons | $35,580 | $40,850 | $65,350 |
| 7 Persons | $40,120 | $43,650 | $69,850 |
| 8 Persons | $44,660 | $46,500 | $74,350 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walbridge, OH?+
The Fair Market Rent (FMR) for Wood County, OH is: $691 (Studio), $753 (1BR), $986 (2BR), $1307 (3BR), $1378 (4BR). Actual rent at subsidized properties like Lake Towne Senior Village is typically 30% of household income or less.
What size apartments are available at Lake Towne Senior Village?+
Lake Towne Senior Village offers the following unit types: 43 Two-Bedroom units, for a total of 43 units.
What are the income limits for affordable housing in Wood County, OH?+
For a 4-person household in Wood County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,200, Low Income (80% AMI): $56,300. These limits are set by HUD and updated annually.
Who manages Lake Towne Senior Village?+
Lake Towne Senior Village is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lake Towne Senior Village?+
Lake Towne Senior Village 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.
Who is eligible to live at Lake Towne Senior Village?+
Lake Towne Senior Village 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 Walbridge, OH?+
Based on Fair Market Rent for Wood County, the estimated price range is: 2-bedroom: $986. Actual rent at Lake Towne Senior Village may be lower for income-eligible households.
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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