419 Market Street, East Liverpool, OH 43920
Waiting List Forecast: Likely Short or None
Verified for 2018 by Lorena Bentley, Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $539 - 660 per Month† | 1 - 2 Beds | 1 - 2 Baths | 708 - 918 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.
Living at Market Street Lofts means that you will be right in the heart of Downtown East Liverpool, which is the liveliest area of the city. They offer spacious one and two-bedroom lofts match the theme of the neighborhood, which is made up of old industrial spaces that have been converted into modern apartments, and unique shops. You can expect to be surrounded by modernism if you live in one of the Market Street Lofts, complete with gourmet kitchens, modern fittings, and lots of natural light. Each apartment also has its very own furnace and central air-conditioning, as well as a washer and dryer.
Market Street Lofts is completely smoke-free and environmentally friendly. There, they love and embrace your family pets and encourage owners to explore the trails along the Ohio River and the Broadway Wharf. For families and higher-education learners, we are just minutes away from Kent State University at East Liverpool, while an elementary school and a high school are both less than 1.5 miles away.
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 Market Street Lofts 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 St. Clair (1/1) | 708ft2 | $539 $556† |
| The Dresden (2/2) | 918ft2 | $604 $660† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year |
| 50% AMI for PBRA Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year |
| 60% AMI for LIHTC Units | $32,940 / year | $37,680 / year | $42,360 / year | $47,040 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Market Street Lofts have a waiting list?
Market Street Lofts 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 Market Street Lofts?
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 Market Street Lofts?
Market Street Lofts is managed by Miller Valentine Group
In addition to Market Street Lofts, how many other affordable housing properties (and units) are there in East Liverpool?
In addition to Market Street Lofts, we list 7 other affordable properties in East Liverpool. Learn about these properties here. Our data research shows that there are a total of 658 affordable units in East Liverpool.
100 Wilbert Ave, East Liverpool, Ohio 43920
1060 Saint Clair Ave, East Liverpool, Ohio 43920
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