10 Public Square, Galion, OH 44833
Waiting List Forecast: Likely Short or None
Verified for 2020 by Keely Pearce| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $495 - 725 per Month† | 1 - 3 Beds | 1 - 2 Baths | 653 - 1,107 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.
Central Hotel Apartments is an affordable housing community designed for residents 55 years of age and older. Our apartments, designed for comfort and convenience, are located in a renovated historic hotel at the heart of the charming town of Galion. Numerous local shops and quaint restaurants allow residents to feel part of the community. Residents are also welcome to participate in activities in our Community Room. Please contact our community manager at (419) 462-5950 or centralhotel@fairfieldhomesohio.com to learn more. See this property and more and apply online at https://www.fairfieldhomesohio.com/residents/.
Housing choice vouchers accepted (rent is based on income). Income restrictions apply. The owner / agent does not discriminate on the basis of disability status in the admission or access to, or treatment or employment in, its federally assisted program and activities.
Conveniently located near:
- Bank
- Drug Store
- Entertainment
- Hospital
- Post Office
- Public Transportation
- Restaurants
- Galion City School District
- Shopping
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 Central Hotel Apartments 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 |
|---|---|---|
| 1BR, 1BA Unit Type (1/1) | 653ft2 | $495† |
| 2BR, 2BA Unit Type (2/2) | 905ft2 | $600† |
| 3BR, 1.5BA Unit Type (3/2) | 1107ft2 | $725† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year | $42,350 / year | $45,500 / year |
| 50% AMI for PBRA Units | $27,450 / year | $31,400 / year | $35,300 / year | $39,200 / year | $42,350 / year | $45,500 / year |
| 60% AMI for LIHTC Units | $32,940 / year | $37,680 / year | $42,360 / year | $47,040 / year | $50,820 / year | $54,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Central Hotel Apartments have a waiting list?
Central Hotel Apartments 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 Central Hotel Apartments?
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 Central Hotel Apartments?
Central Hotel Apartments is managed by Fairfield Homes headquartered in Lancaster, Ohio.
In addition to Central Hotel Apartments, how many other affordable housing properties (and units) are there in Galion?
In addition to Central Hotel Apartments, we list 5 other affordable properties in Galion. Learn about these properties here. Our data research shows that there are a total of 277 affordable units in Galion.
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Michelle Eans says:
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