1020 Chapel Street, Cincinnati, OH 45206
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 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.
Walnut Court located in the Walnut Hills neighborhood in Cincinnati, Ohio, offers one-bedroom and two-bedroom apartments for qualifying residents - age 62 or older and age 18 or older with a mobility disability, who meet income requirements. Walnut Court residents enjoy the comfort and convenience of being only 10 minutes from downtown Cincinnati. Residents have access to public transit nearby and monthly bus trips to take care of shopping needs and to reach local business services and community centers. Complete interior and exterior renovation includes updated apartments, secure entrances, doors, windows, community areas and parking. The grounds are well maintained and offer comfortable spaces for visiting guests and residents who enjoy spending a quiet afternoon together.
Like all the affordable living communities operated by Episcopal Retirement Services, Walnut Court provides a clean, vibrant, and welcoming environment for qualifying seniors and mobility-impaired adults with limited incomes.
Because Walnut Court participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,250 / year | $24,300 / year | $27,350 / year | $30,350 / year |
| 50% AMI for LIHTC Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year |
| 50% AMI for PBRA Units | $35,400 / year | $40,450 / year | $45,500 / year | $50,550 / year |
| 60% AMI for LIHTC Units | $42,480 / year | $48,540 / year | $54,600 / year | $60,660 / year |
| 80% AMI for PBRA Units | $56,650 / year | $64,750 / year | $72,850 / year | $80,900 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Walnut Court have a waiting list?
Walnut Court 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 Walnut Court?
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 Walnut Court?
Walnut Court is managed by Episcopal Retirement Services headquartered in Cincinnati, OH.
In addition to Walnut Court, how many other affordable housing properties (and units) are there in Cincinnati?
In addition to Walnut Court, we list 438 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 Walnut Court listing last updated?
Walnut Court listing on Affordable Housing Online was last updated on 01/02/2023 by Colleen Carter. Remember, a property's status can change so you should contact the property to confirm.
415 Glenwood Ave, Cincinnati, Ohio 45217
921 William Howard Taft Road, Cincinnati, Ohio 45206
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