Norwood Greene

315 Colgate Dr, Marietta, Ohio 45750

Norwood Greene, located at 315 Colgate Dr in Marietta, has two bedroom apartments. Norwood Greene participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Message Norwood Greene

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) 1,179-1,367 From $319 To $670

Norwood Greene Details

  • 40 two bedroom units.
  • Water and Sewer utilities included in rent
  • Accepts Section 8 Housing Choice Vouchers (HCV)
  • Near Elderly (55+)

Property Amenities

  • Controlled Access
  • Elevator
  • Clubhouse
  • Library
  • On-Site Management
  • Online Payments Accepted
  • On-site Laundry

Unit Amenities

  • Air Conditioning
  • Handicapped Accessible
  • Dishwasher
  • Garbage Disposal
  • Washer/Dryer Hookup
  • Carpet
  • Patio, Deck Or Balcony
  • Refrigerator
  • Extra Storage
  • Water Trash and Sewer Included
  • Bathroom Grab Bars
  • Cable & Internet Ready
  • Energy Efficient Appliances

Office Hours

Day Hours
Monday 8:30am-4:00pm
Tuesday 8:30am-4:00pm
Thursday 8:30am-4:00pm

About Norwood Greene

Norwood Greene serves residents 55 and older and offers 2-bedroom apartments at a convenient location in Marietta, OH. The spacious apartments include energy efficient electric appliances, washer/dryer hookups, and extra storage. Our community features a laundry facility, clubhouse, exercise room, and more. Norwood Greene is 10-minutes from Lamping Homestead Recreation Area, 5-minutes from the YMCA of Marietta, and is 5-minutes from shopping and dining.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Marietta Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Marietta but actual income limits may differ for units at Norwood Greene.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $22,900 $26,200 $29,450 $32,700 $35,350 $37,950 $40,550 $43,200
Low Income (60%) $27,480 $31,440 $35,340 $39,240 $42,420 $45,540 $48,660 $51,840

Norwood Greene was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially 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.

Norwood Greene is managed by Woda Cooper Companies, Inc..

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