Villas of the Valley I

740 Villas Circle, Lincoln Heights, OH 45215

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Ric Gresia, Joshua Cappell
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Senior (62+)
check_circle  Accepts Section 8 Housing Choice Vouchers (HCV)
check_circle  Affordable

Waitlist Forecast

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.

Villas of the Valley I is one of 18 properties in the Cincinnati area acquired by POAH from The Model Group in May 2018.  This acquisition preserved 1,100 rental apartments at a time when the neighborhood was seeing significant investments in infrastructure, new public transportation options, and an expansion of the district’s art and dining scene. This ensured the units would remain affordable long-term and allow residents of all income levels to participate in the economic renaissance of the neighborhood. POAH Communities will also implement a Community Impact program across the portfolio to help residents succeed, with outcome-driven resident services that foster financial stability, health and education.

Home to 42 low- and moderate-income seniors, Villas of the Valley I is located in Lincoln Heights, Ohio.

Dave's Thoughts On Villas of the Valley I

Because Villas of the Valley I participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Income Qualification for Villas of the Valley I

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
AMI* 1 person 2 people 3 people 4 people 5 people 6 people 7 people 8 people
30% AMI for PBRA Units $21,250 / year $24,300 / year $27,350 / year $30,350 / year $35,140 / year $40,280 / year $45,420 / year $50,560 / year
50% AMI for LIHTC Units $35,400 / year $40,450 / year $45,500 / year $50,550 / year $54,600 / year $58,650 / year $62,700 / year $66,750 / year
50% AMI for PBRA Units $35,400 / year $40,450 / year $45,500 / year $50,550 / year $54,600 / year $58,650 / year $62,700 / year $66,750 / year
60% AMI for LIHTC Units $42,480 / year $48,540 / year $54,600 / year $60,660 / year $65,520 / year $70,380 / year $75,240 / year $80,100 / year
80% AMI for PBRA Units $56,650 / year $64,750 / year $72,850 / year $80,900 / year $87,400 / year $93,850 / year $100,350 / year $106,800 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Villas of the Valley I

Does Villas of the Valley I have a waiting list?

Villas of the Valley I 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 Villas of the Valley I?

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 Villas of the Valley I?

Villas of the Valley I is managed by Preservation of Affordable Housing (POAH) headquartered in Boston, Massachusetts.

In addition to Villas of the Valley I, how many other affordable housing properties (and units) are there in Lincoln Heights?

In addition to Villas of the Valley I, we list 3 other affordable properties in Lincoln Heights. Learn about these properties here. Our data research shows that there are a total of 183 affordable units in Lincoln Heights.

Listings Near Villas of the Valley I

Friendship Plaza

901 Congress Ave, Lincoln Heights, Ohio 45215

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

Villas of the Valley II

801 Medosch St, Lincoln Heights, Ohio 45215

switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

Marianna Terrace

Lincoln Heights, Lincoln Heights, Ohio 45215

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.

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