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Comm. and Econ Dev. Corp. - N - B - 01 - 531 - 1

Saybrook Elderly Ii, Ashtabula, Ohio 44004

Comm. and Econ Dev. Corp. - N - B - 01 - 531 - 1 Details

  • 48 units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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