1791 Vernon Odom Boulevard, Akron, OH 44320
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | - |
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.
National Church Residences is proud to proud partner with Community Support Services and Tober Building Company to present Stoney Point Commons. This attractive apartment community offers 68 units of permanent supportive housing in one-bedroom apartment homes for low-income and disabled individuals.
Eligibility Criteria:
• Must qualify for project-based rental assistance
• Must have qualifying disability
• Must pass criminal background check (no arson, sex offenses, drug manufacturing, or recent violent offenses)
• Annual income limits apply
The construction, which began in the fall of 2019, included the addition of 45 new one-bedroom apartments to the already existing 68 units, creating a U-shaped building. Twenty-three of the new units are designated for homeless individuals, and 22 are for those with a disability.
Because Stoney Pointe Commons participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom One Bath (1/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $18,250 / year | $20,850 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $30,400 / year | $34,750 / year | $39,100 / year | $43,400 / year | $46,900 / year | $50,350 / year | $53,850 / year | $57,300 / year |
| 50% AMI for PBRA Units | $30,400 / year | $34,750 / year | $39,100 / year | $43,400 / year | $46,900 / year | $50,350 / year | $53,850 / year | $57,300 / year |
| 60% AMI for LIHTC Units | $36,480 / year | $41,700 / year | $46,920 / year | $52,080 / year | $56,280 / year | $60,420 / year | $64,620 / year | $68,760 / year |
| 80% AMI for PBRA Units | $48,650 / year | $55,600 / year | $62,550 / year | $69,450 / year | $75,050 / year | $80,600 / year | $86,150 / year | $91,700 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Stoney Pointe Commons have a waiting list?
Stoney Pointe Commons 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 Stoney Pointe Commons?
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 Stoney Pointe Commons?
Stoney Pointe Commons is managed by National Church Residences headquartered in Columbus , Ohio.
In addition to Stoney Pointe Commons, how many other affordable housing properties (and units) are there in Akron?
In addition to Stoney Pointe Commons, we list 102 other affordable properties in Akron. Learn about these properties here. Our data research shows that there are a total of 8300 affordable units in Akron.
When was the Stoney Pointe Commons listing last updated?
Stoney Pointe Commons listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
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