2898 Parlin Dr, Grove City, OH 43123
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $775 - 1,320 per Month† | 1 - 2 Beds | 1 - 1.5 Bath | 580 - 1,400 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.
Regency Arms offers Garden and Townhome style apartments in Grove City OH. They are a pet and family friendly community with charming amenities including lush green areas throughout the community and our Tot-lot playground. Unique floor plans including finished basements in select apartment homes.
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 Regency Arms 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| A1 Garden Apartment (1/1) | 580ft2 | $775 $805† |
| B2 Townhouse (2/1.5) | 1400ft2 | $960 $1,320† |
| B1 Townhouse (2/1) | 980ft2 | $910† |
| 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 Regency Arms Apartments have a waiting list?
Regency Arms 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 Regency Arms 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 Regency Arms Apartments?
Regency Arms Apartments is managed by Burlington Capital headquartered in Omaha, NE.
In addition to Regency Arms Apartments, how many other affordable housing properties (and units) are there in Grove City?
In addition to Regency Arms Apartments, we list 9 other affordable properties in Grove City. Learn about these properties here. Our data research shows that there are a total of 890 affordable units in Grove City.
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