About This Property
Traditions comprises 92 low-income rental units in Tremont City, Ohio, with a unit mix of 52 two-bedroom and 40 three-bedroom apartments. The property was placed in service in 1995 and utilizes 9% Low-Income Housing Tax Credits. The community is managed to serve households at or below area median income limits.
Property Details
Fair Market Rent - Clark 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 | $650 |
| 1 Bedroom | $721 |
| 2 Bedroom | $948 |
| 3 Bedroom | $1,149 |
| 4 Bedroom | $1,268 |
Income Limits - Clark 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 Tremont City, OH?+
The Fair Market Rent (FMR) for Clark County, OH is: $650 (Studio), $721 (1BR), $948 (2BR), $1149 (3BR), $1268 (4BR). Actual rent at subsidized properties like Traditions is typically 30% of household income or less.
What size apartments are available at Traditions?+
Traditions offers the following unit types: 52 Two-Bedroom, 40 Three-Bedroom units, for a total of 92 units.
How do I apply for housing at Traditions?+
Traditions 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 Tremont City, OH?+
Based on Fair Market Rent for Clark County, the estimated price range is: 2-bedroom: $948, 3-bedroom: $1149. Actual rent at Traditions may be lower for income-eligible households.
What are the income limits for affordable housing in Clark County, OH?+
For a 4-person household in Clark 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.
Who manages Traditions?+
Traditions is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Clark County, OH
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