About This Property
Melford Village Apts is a 38-unit affordable housing community in Spencerville, OH that has been in service since 2011. The property contains 29 two-bedroom units, 7 three-bedroom units, and 2 four-bedroom units designated for low-income residents. It is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Allen 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 | $716 |
| 1 Bedroom | $737 |
| 2 Bedroom | $947 |
| 3 Bedroom | $1,177 |
| 4 Bedroom | $1,328 |
Income Limits - Allen 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 Spencerville, OH?+
The Fair Market Rent (FMR) for Allen County, OH is: $716 (Studio), $737 (1BR), $947 (2BR), $1177 (3BR), $1328 (4BR). Actual rent at subsidized properties like Melford Village Apts is typically 30% of household income or less.
What size apartments are available at Melford Village Apts?+
Melford Village Apts offers the following unit types: 29 Two-Bedroom, 7 Three-Bedroom, 2 Four-Bedroom units, for a total of 38 units.
How do I apply for housing at Melford Village Apts?+
Melford Village Apts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 manages Melford Village Apts?+
Melford Village Apts is managed by . You can reach them at .
What are the income limits for affordable housing in Allen County, OH?+
For a 4-person household in Allen 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.
What is the price range for apartments in Spencerville, OH?+
Based on Fair Market Rent for Allen County, the estimated price range is: 2-bedroom: $947, 3-bedroom: $1177. Actual rent at Melford Village Apts 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.
