929 E McMillan St, Cincinnati, OH 45202
Waiting List Forecast: Likely Short or None
Verified for 2023 by Connor Bailey, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 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.
Cincinnati Scholar House provides 44 two-and three-bedroom homes in a five-story building located in the Walnut Hills neighborhood close to downtown Cincinnati. The large residential units feature open floor plans, fully equipped kitchens, washer/dryers, and dishwashers. Cincinnati Scholar House also includes 5 classrooms for childhood development, two multipurpose classrooms, a 3,884 square foot playground, a computer lab, fitness center, conference room, and 2,000 square feet of white box retail space, all of which are located on the ground floor. Cincinnati Union Bethel provides supportive services to residents, including child care and education and adult support programs.
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 Cincinnati Scholar House 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 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many 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 lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year | $54,600 / year | $58,650 / year |
| 50% AMI for PBRA Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year | $54,600 / year | $58,650 / year |
| 60% AMI for LIHTC Units | $42,480 / year | $48,540 / year | $54,600 / year | $60,660 / year | $65,520 / year | $70,380 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cincinnati Scholar House have a waiting list?
Cincinnati Scholar House 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 Cincinnati Scholar House?
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 Cincinnati Scholar House?
Cincinnati Scholar House is managed by Preservation of Affordable Housing (POAH) headquartered in Boston, Massachusetts.
In addition to Cincinnati Scholar House, how many other affordable housing properties (and units) are there in Cincinnati?
In addition to Cincinnati Scholar House, 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.
When was the Cincinnati Scholar House listing last updated?
Cincinnati Scholar House 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.
400 W 9th St, Cincinnati, Ohio 45203
861 Beecher St., Cincinnati, Ohio 45206
Applying for housing with bad credit.
Some housing assistance programs require a credit check, including Low-Income Housing Tax Credit apartments. Having bad credit may make you ineligible.Kim Eatmon says:
"Affordable Housing Online is a great way to see what’s available for low income housing."
