Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Prospect House

245 S Prospect St, Ravenna, OH, 44266

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Prospect House contains 66 studio units designated for low-income elderly residents in Ravenna, Ohio. The property has served its residents since 2007 and is owned and operated by a non-profit organization with support from HOME funding.

Waitlist Information

Waitlist managed by Portage Metropolitan Housing Authority

Public Housing Waitlist
Open

Applications for Public Housing are accepted by clicking the Wait List tab.

Last verified May 7, 2026
Section 8 (HCV) Waitlist
Open
Apply: Online

Applications are submitted via an online portal. Once approved, applicants are placed on the waiting list and notified via email when their name reaches the top.

Last verified May 7, 2026

Waitlist data provided by section8waitlist.org

Updated May 8, 2026

Property Details

Total Units
66
Studio
66

HUD Inspection Score

74
Fair
Inspected October 2019

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

Fair Market Rent - Portage County, OH

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$728
1 Bedroom$816
2 Bedroom$1,039
3 Bedroom$1,301
4 Bedroom$1,389

Income Limits - Portage County, OH

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$16,850
Very Low (50%)
$28,050
Low (80%)
$44,900
2 Persons
Extremely Low (30%)
$19,250
Very Low (50%)
$32,050
Low (80%)
$51,300
3 Persons
Extremely Low (30%)
$21,960
Very Low (50%)
$36,050
Low (80%)
$57,700
4 Persons
Extremely Low (30%)
$26,500
Very Low (50%)
$40,050
Low (80%)
$64,100
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$43,300
Low (80%)
$69,250
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$46,500
Low (80%)
$74,400
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$49,700
Low (80%)
$79,500
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$52,900
Low (80%)
$84,650

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Tax Credit Program Details

Year Placed in Service
2007
LIHTC Credit Type
3
Low-Income Units
66 / 66
Target Population
Elderly
Funding Programs
HOMERental Assistance
Designations
Non-Profit

Frequently Asked Questions

What is the average rent for affordable housing in Ravenna, OH?+

The Fair Market Rent (FMR) for Portage County, OH is: $728 (Studio), $816 (1BR), $1039 (2BR), $1301 (3BR), $1389 (4BR). Actual rent at subsidized properties like Prospect House is typically 30% of household income or less.

What size apartments are available at Prospect House?+

Prospect House offers the following unit types: 66 Studio units, for a total of 66 units.

What are the income limits for affordable housing in Portage County, OH?+

For a 4-person household in Portage County, OH, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,050, Low Income (80% AMI): $64,100. These limits are set by HUD and updated annually.

Is there a waitlist for Prospect House?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages Prospect House?+

Prospect House is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Prospect House?+

Prospect House 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 HUD inspection score for Prospect House?+

Prospect House has a HUD inspection score of 74 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

Who is eligible to live at Prospect House?+

Prospect House primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

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Walk Score

Very Walkable

86
Walk
53
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Portage County, OH

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