Cedar Woods

312 Cedar Woods Dr , Hillsboro, Ohio 45133

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 800 $607
2 Bedroom (2/1) 878 $775
3 Bedroom (3/1.5) 1075 $824
4 Bedroom (4/2) 1200 $929

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Cedar Woods was last updated on 11/07/2017

About Cedar Woods

Make yourself at home! Welcome to Cedar Woods Apartments, an apartment community for families and those 62 and better, handicapped, or disabled. Enjoy the comfort of quiet, community living here at Cedar Woods!

Our spacious 1, 2, 3, and 4 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance free living, our community has the amenities you want and deserve. For your pleasure, our community features a fitness room, computer lab, shelter house, playground, and community room. Cedar Woods is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from Star Cinemas, Kroger, Walmart and an abundance of restaurants like Dakotas, Bob Evans and Gold Star Chili.

Rents are based on income and calculated exclusively to 30% of the household's combined adjusted income. A waiting list may apply. Full financial disclosure is required. Maximum income guidelines apply.

Call us today to make an appointment to see for yourself why Cedar Woods should be your new home. We look forward to hearing from you!

Property Details

  • 94 one, two, three and four bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Picnic Area
  • On-site Laundry

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Cable Ready
  • Utilities Included
  • Walk-in Closet(s)
  • Storage
  • Electric Range
  • Frost-Free Refrigerator

Nearby Amenities

  • Near Park

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Section 42 Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

Hillsboro HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $12,900 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $40,550
50% $21,500 $24,600 $27,650 $30,700 $33,200 $35,650 $38,100 $40,550
80% $34,400 $39,300 $44,200 $49,100 $53,050 $57,000 $60,900 $64,850

Hillsboro Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $21,500 $24,600 $27,650 $30,700 $33,200 $35,650 $38,100 $40,550
60% $25,800 $29,520 $33,180 $36,840 $39,840 $42,780 $45,720 $48,660

Cedar Woods was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Cedar Woods has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Cedar Woods is managed by Millennia Housing Management.

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Image of Cedar Woods