Middlebury Commons

931 E Market St, Akron, Ohio 44305

MIDDLEBURY COMMONS 


ADDRESS: 931 E. Market St., Akron, OH 44305
1-2 Bedrooms, 1 Bathroom
PARKING/ACCESS: Parking Lot/Handicap Units
UTILITIES: trash, water & sewer included
OTHER FEATURES: appliances; central air; yard maintenance/snow removal; Near Akron Metro bus transportation; on-site laundry; Near Dave’s Supermarket

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - Call for Price

Middlebury Commons Details

  • 41 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 811 PRA

Property Amenities

  • Snow Removal
  • On-Site Maintenance
  • On-Site Laundry

Unit Amenities

  • All Appliances included
  • Water Trash and Sewer Included

Nearby Amenities

  • Close to Public Transportation

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.

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