Terrace Place

81 E 9th Ave, Columbus, OH 43201

Waiting List Forecast: Likely Short or None

check_circleVerified for 2023 by Lorena Bentley, Joshua Cappell

Rent	Beds	Baths	SqFt
Call for Rents^†	Floorplan Info Upon Request	-	-

This property is currently under construction.

Terrace Place, Community Housing Network's is a permanent supportive housing development, it will create homes for 60 formerly homeless individuals or individuals who are at risk of homelessness as a result of mental health or physical disabilities. Terrace Place will be located at 81-99 E. Ninth Avenue in Columbus' Weinland Park neighborhood and will be part of the 7-acre South Gateway II redevelopment, facilitated by Campus Partners for Urban Redevelopment. Also within the redevelopment area is CHN's 1494 N. High Street, which will be demolished in favor of a mixed-use development on High Street, developed by the Edwards Communities.

Dave's Thoughts On Terrace Place

Because Terrace Place 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.

~ Dave Layfield, Founder of Affordable Housing Online

Terrace Place Amenities

Community Room
Library
Close to Public Transportation
Near Park
On-Site Social Services
Game Room

Income Qualification for Terrace 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	$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
60% AMI for LIHTC Units	$41,700 / year	$47,640 / year	$53,580 / year	$59,520 / year	$64,320 / year	$69,060 / year	$73,860 / year	$78,600 / 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 Terrace Place

Does Terrace Place have a waiting list?

Terrace Place 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 Terrace Place?

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.

In addition to Terrace Place, how many other affordable housing properties (and units) are there in Columbus?

In addition to Terrace Place, 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.

When was the Terrace Place listing last updated?

Terrace Place listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.