505 Jefferson Ave, Toledo, OH 43604
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 650 - 1,340 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Let your pet-friendly apartment home be the perfect conversation piece. The seventeen-story Commodore Perry Apartments, originally built as a luxury hotel in 1927, is a historic Downtown Toledo high-rise in the DORA district. This was the last large hotel built in Toledo's downtown area from the time it opened, in 1932, until the late 1970s. Now the Commodore Perry Apartments offers you an opportunity to be a part of the story. You can choose to live in a thoughtfully designed one or two-bedroom apartment with spectacular views of the riverfront and cityscape. Stylish living is easily achieved in these Center City Toledo apartments. With tastefully decorated neutral tones, it's a breeze to customize the apartment to be as unique and stylish as you are.
Experience the refined elegance of the Commodore Perry's history. With its beautiful Florentine Marble walls and intricate Terrazzo floors, the building displays a craftsmanship rarely seen today. Ornately carved bronze elevator doors adorn the corridor as you stroll beneath the elegant chandeliers. As you walk along the corridor of the entrance off of Jefferson Ave, you will pass our newly renovated fitness center and original hand-painted mural which depicts the early history of Toledo and The Maumee Valley.
If you enjoy being in the center of the city life, then Commodore Perry is the perfect home for you. With the Huntington Center just across the street from the back entrance, and Fifth Third Field across the street from the front entrance, Commodore Perry Apartments is located right in the heart of the downtown action.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Commodore Perry Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom Suite (1/1) | 1000ft2 | Call for Price† |
| 1 Bedroom A (1/1) | 650ft2 | Call for Price† |
| 2 Bedroom B (2/1) | 1000ft2 | Call for Price† |
| Large 2 Bedroom E (2/1) | 1340ft2 | Call for Price† |
| Large 2 Bedroom F (2/1) | 1340ft2 | Call for Price† |
| 2 Bedroom D (2/1) | 920ft2 | Call for Price† |
| 2 Bedroom C (2/1) | 940ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year |
| 50% AMI for PBRA Units | $28,850 / year | $33,000 / year | $37,100 / year | $41,200 / year |
| 60% AMI for LIHTC Units | $34,620 / year | $39,600 / year | $44,520 / year | $49,440 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Commodore Perry Apartments have a waiting list?
Commodore Perry Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Commodore Perry Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Commodore Perry Apartments?
Commodore Perry Apartments is managed by Monarch Management Group headquartered in Shamokin Dam, Pennsylvania.
In addition to Commodore Perry Apartments, how many other affordable housing properties (and units) are there in Toledo?
In addition to Commodore Perry Apartments, we list 149 other affordable properties in Toledo. Learn about these properties here. Our data research shows that there are a total of 11553 affordable units in Toledo.
Housing options for seniors.
Many housing programs have apartments or entire properties restricted to senior residents only, including Section 202 Supportive Housing for the Elderly.Gina Pocan says:
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