About This Property
Sheridan Manor Apts offers 40 units designated for low-income households in South Point, OH. The property was placed in service in 1991 and receives 4% Low-Income Housing Tax Credit financing. This Lawrence County community provides affordable rental housing options for residents.
Property Details
Fair Market Rent - Lawrence 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 | $793 |
| 1 Bedroom | $815 |
| 2 Bedroom | $938 |
| 3 Bedroom | $1,236 |
| 4 Bedroom | $1,431 |
Income Limits - Lawrence County, OH
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,050
- Very Low (50%)
- $21,700
- Low (80%)
- $34,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $24,800
- Low (80%)
- $39,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $27,900
- Low (80%)
- $44,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $31,000
- Low (80%)
- $49,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $33,500
- Low (80%)
- $53,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $36,000
- Low (80%)
- $57,550
- Extremely Low (30%)
- $38,450
- Very Low (50%)
- $38,450
- Low (80%)
- $61,550
- Extremely Low (30%)
- $40,950
- Very Low (50%)
- $40,950
- Low (80%)
- $65,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,050 | $21,700 | $34,750 |
| 2 Persons | $17,420 | $24,800 | $39,700 |
| 3 Persons | $21,960 | $27,900 | $44,650 |
| 4 Persons | $26,500 | $31,000 | $49,600 |
| 5 Persons | $31,040 | $33,500 | $53,600 |
| 6 Persons | $35,580 | $36,000 | $57,550 |
| 7 Persons | $38,450 | $38,450 | $61,550 |
| 8 Persons | $40,950 | $40,950 | $65,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in South Point, OH?+
The Fair Market Rent (FMR) for Lawrence County, OH is: $793 (Studio), $815 (1BR), $938 (2BR), $1236 (3BR), $1431 (4BR). Actual rent at subsidized properties like Sheridan Manor Apts is typically 30% of household income or less.
What are the income limits for affordable housing in Lawrence County, OH?+
For a 4-person household in Lawrence County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $31,000, Low Income (80% AMI): $49,600. These limits are set by HUD and updated annually.
How do I apply for housing at Sheridan Manor Apts?+
Sheridan Manor Apts 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 manages Sheridan Manor Apts?+
Sheridan Manor Apts is managed by . You can reach them at . Visit their website for more information.