Mt Vernon Plaza I

1035 Atcheson St, Columbus, OH 43203

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2022 by Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	1 Bed	1 Bath	-

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Waitlist Forecast

Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.

Mt. Vernon Plaza l offers 226 units

Dave's Thoughts On Mt Vernon Plaza I

This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. 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. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Mt Vernon Plaza I is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.

~ Dave Layfield, Founder of Affordable Housing Online

Mt Vernon Plaza I Amenities

Elevator
On-Site Parking
Balconies or Patios Available

Units at Mt Vernon Plaza I

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†

Income Qualification for Mt Vernon Plaza I

*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	$20,850 / year	$23,800 / year	$26,800 / year	$30,000 / year	$35,140 / year	$40,280 / year	$45,420 / year	$50,560 / year
50% AMI for LIHTC Units	$34,750 / year	$39,700 / year	$44,650 / year	$49,600 / year	$53,600 / year	$57,550 / year	$61,550 / year	$65,500 / year
50% AMI for PBRA Units	$34,750 / year	$39,700 / year	$44,650 / year	$49,600 / year	$53,600 / year	$57,550 / year	$61,550 / year	$65,500 / year
80% AMI for PBRA Units	$55,550 / year	$63,500 / year	$71,450 / year	$79,350 / year	$85,700 / year	$92,050 / year	$98,400 / year	$104,750 / year

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

FAQs for Mt Vernon Plaza I

Does Mt Vernon Plaza I have a waiting list?

Mt Vernon Plaza I probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Mt Vernon Plaza I?

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 Mt Vernon Plaza I?

Mt Vernon Plaza I is managed by Independent Management Services headquartered in Fenton, Michigan.

In addition to Mt Vernon Plaza I, how many other affordable housing properties (and units) are there in Columbus?

In addition to Mt Vernon Plaza I, we list 398 other affordable properties in Columbus. Learn about these properties here. Our data research shows that there are a total of 22410 affordable units in Columbus.