Germantown Village is an affordable apartment community located in Dayton, Ohio.
Germantown Village Apartments offer 1, 2, and 3 bedroom luxury apartment homes. These brand new homes feature open floor plans, individual balconies and decks, stainless steel appliances, and so much more to make you fall in love. Our convenient location provides easy access to major employers, dining, recreational activities, and other exciting Dayton events.
|1 Bedroom (1/1)||703||Call for Price|
|2 Bedroom (2/1)||960||Call for Price|
|3 Bedroom (3/1)||1405||Call for Price|
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.
This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.
Germantown Village is managed by The Michaels Organization.