Central Parkway Place

1111 Elm Street, 4th Floor, Cincinnati, OH 45202

Waiting List Forecast: Likely Long or Closed for Public Housing units, and Likely Short or None for other affordable units

check_circleVerified for 2019 by Colleen Carter

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Waitlist Forecast

Since this property may have HUD-funded Public Housing with subsidies that help pay tenants' rent, the property is likely to have a long waiting list. Housing authorities often open these waiting lists periodically. Important: Housing authorities don't always open housing waiting lists at a property-specific level or even allow applicants to choose at which property they can live. Many times, the housing authority will assign an applicant to a property without giving the applicant a choice.

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.

Central Parkway Place offers newly renovated affordable senior apartments on the upper floors of the historic YMCA in the Over-the-Rhine neighborhood in Cincinnati. The YMCA will continue to operate on the first three floors of the completely renovated Renaissance Revival building.

Central Parkway Place consists of 65 apartments for limited income seniors ages 55 and older. Like all the affordable living communities operated by Episcopal Retirement Services, Central Parkway Place provides a clean, vibrant, secure and welcoming environment for older adults with limited incomes.

Dave's Thoughts On Central Parkway Place

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC programonly provides subsidies to the building’s owner at construction. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Central Parkway Place has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. Records show this property may have been recently associated with the Public Housing program, which means it could have a new RAD Section 8 Project-Based Rental Assistance contract. LIHTC properties tend to have shorter waiting lists however, since this property may have a project-based subsidy, the waiting list may be much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, if this property has a RAD Section 8 Project-Based Rental Assistance contract, your Section 8 voucher cannot be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a possibly longer waiting list if this is indeed a RAD property.

~ Dave Layfield, Founder of Affordable Housing Online

Central Parkway Place Amenities

Outings events & activities

Income Qualification for Central Parkway Place

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$21,250 / year	$24,300 / year	$27,350 / year	$30,350 / year	$35,140 / year	$40,280 / year	$45,420 / year	$50,560 / year
50% AMI for LIHTC Units	$35,400 / year	$40,450 / year	$45,500 / year	$50,550 / year	$54,600 / year	$58,650 / year	$62,700 / year	$66,750 / year
50% AMI for PBRA Units	$35,400 / year	$40,450 / year	$45,500 / year	$50,550 / year	$54,600 / year	$58,650 / year	$62,700 / year	$66,750 / year
60% AMI for LIHTC Units	$42,480 / year	$48,540 / year	$54,600 / year	$60,660 / year	$65,520 / year	$70,380 / year	$75,240 / year	$80,100 / year
80% AMI for PBRA Units	$56,650 / year	$64,750 / year	$72,850 / year	$80,900 / year	$87,400 / year	$93,850 / year	$100,350 / year	$106,800 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Central Parkway Place

Does Central Parkway Place have a waiting list?

Central Parkway Place probably has a waiting list. Since our research has shown there are some public housing units at this property, the waiting list would be for those units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Central Parkway Place?

We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.

What property management company manges Central Parkway Place?

Central Parkway Place is managed by Episcopal Retirement Services headquartered in Cincinnati, OH.

In addition to Central Parkway Place, how many other affordable housing properties (and units) are there in Cincinnati?

In addition to Central Parkway Place, we list 289 other affordable properties in Cincinnati. Learn about these properties here. Our data research shows that there are a total of 21040 affordable units in Cincinnati.