370 Elson Ave, Barberton, OH 44203
Waiting List Forecast: Likely Short or None
Verified for 2017 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $800 - 900 per Month† | 3 - 4 Beds | 1.5 - 2 Baths | - |
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.
Welcome to Elson Pointe Estates. Our homes offer residents exceptional single family home rental opportunities in a quiet residential setting.
Our spacious 3 and 4 bedroom homes are thoughtfully designed with your comfort in mind and are appointed with the premium materials and finishes you deserve. Enjoy private single family home living in either spacious ranch-style one-level step free homes or traditional two-story colonial homes. In addition to our great floor plans and maintenance free living, Elson Pointe Estates has the amenities you would expect and much more. For your pleasure, our homes feature spacious kitchens with dishwashers, private attached garages and professional on-site maintenance. Enjoy the benefits of community living with the added perks of being just minutes away from downtown Barberton. Our homes are ideally situated to give you easy access to the best of what the area has to offer. We are located close to shopping and dining, and we are a short walk to public parks.
Call us today to make an appointment to see for yourself why Elson Pointe Estates should be your new home. We look forward to hearing from you!
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 Elson Pointe 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. As a LIHTC property that chose the 20/50 election, this property has agreed to set aside at least 20% of its units for families and individuals earning 50% of Area Median Income (AMI). Many of these properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with very low incomes.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 3 Bedroom Ranch (3/2) | - | $800† |
| 3 Bedroom Colonial (3/1.5) | - | $800† |
| 4 Bedroom Ranch (4/2) | - | $900† |
| 4 Bedroom Colonial (4/2) | - | $900† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 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 |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Elson Pointe have a waiting list?
Elson Pointe 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 Elson Pointe?
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 Elson Pointe?
Elson Pointe is managed by Millennia Housing Management headquartered in Cleveland, Ohio.
In addition to Elson Pointe, how many other affordable housing properties (and units) are there in Barberton?
In addition to Elson Pointe, we list 19 other affordable properties in Barberton. Learn about these properties here. Our data research shows that there are a total of 937 affordable units in Barberton.
71-73 6th St NW, Barberton, Ohio 44203
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