351 South Sandusky Street, Delaware, OH 43015
Waiting List Forecast: Likely Short or None
Verified for 2018 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $613 - 893 per Month† | 1 - 2 Beds | 1 - 1.5 Bath | 662 - 995 Sq Ft |
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.
Welcome to Riverside Landing at Delaware Place, a community of newly constructed villas and a 4-story elevator-served midrise building with one- and two-bedroom apartment homes designed and built exclusively for adults 55 and older. With our professional on-site management and service staff, we take the hassles out of living. Plus, Riverside Landing at Delaware Place boasts every modern feature you could desire: walk-in closets, Energy Star rated appliances, garbage disposals, extra storage space, and many other amenities! Located just west of the Olentangy River, these residential one and two bedroom homes are within the commercial area of Delaware, OH. These brand new homes are close to both Delaware Center Shopping Center and Delaware Square Shopping Center and are only .2 miles from a bus stop. Within a one mile radius of Riverside Landing at Delaware Place, there is a plethora of local shops and restaurants to enjoy!
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 Riverside Landing at Delaware Place 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 |
|---|---|---|
| The Avondale (1/1) | 662ft2 | $613 $746† |
| The Aspen (1/1) | 754ft2 | $613 $746† |
| The Bristol (2/1) | 902ft2 | $733 $893† |
| The Camden (2/1.5) | 995ft2 | $732 $892† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year |
| 50% AMI for PBRA Units | $34,750 / year | $39,700 / year | $44,650 / year | $49,600 / year |
| 60% AMI for LIHTC Units | $41,700 / year | $47,640 / year | $53,580 / year | $59,520 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Riverside Landing at Delaware Place have a waiting list?
Riverside Landing at Delaware 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 Riverside Landing at Delaware 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.
What property management company manges Riverside Landing at Delaware Place?
Riverside Landing at Delaware Place is managed by Miller Valentine Group
In addition to Riverside Landing at Delaware Place, how many other affordable housing properties (and units) are there in Delaware?
In addition to Riverside Landing at Delaware Place, we list 24 other affordable properties in Delaware. Learn about these properties here. Our data research shows that there are a total of 820 affordable units in Delaware.
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Marla Senter says:
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