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Ridgewood Senior Villas

1065 Beal Ave, Bucyrus, Ohio 44820

Ridgewood Senior Villas, located at 1065 Beal Ave in Bucyrus, OH has two bedroom apartments. Ridgewood Senior Villas participates in the Low-Income Housing Tax Credit (LIHTC) program.

Contact Ridgewood Senior Villas

Message Ridgewood Senior Villas

Units

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

Ridgewood Senior Villas Details

  • 60 two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Community Room
  • Organized Activities
  • 24hr Emergency Maintenance
  • Garage
  • On-Site Management
  • Emergency Pull Cord
  • Energy Star Appliances
  • Walking Trails
  • Community Garden

Unit Amenities

  • Central Air
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Refrigerator
  • Electric Range

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.

Bucyrus Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Bucyrus but actual income limits may differ for units at Ridgewood Senior Villas.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,800 $26,050 $29,300 $32,550 $35,200 $37,800 $40,400 $43,000
Low Income (60%) $27,360 $31,260 $35,160 $39,060 $42,240 $45,360 $48,480 $51,600

Ridgewood Senior Villas is managed by Community Investment Management Services LLC.

Image of Ridgewood Senior Villas
Image of Ridgewood Senior Villas

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