Wood Village Apartments

603 Poe Road, North Baltimore, Ohio 45872

Wood Village Apartments, located at 603 Poe Road in North Baltimore, has one and two bedroom apartments. Wood Village Apartments participates in the Low-Income Housing Tax Credit (LIHTC), Section 515 Rural Rental Housing and Section 521 USDA Rental Assistance programs.

Contact Wood Village Apartments

Message Wood Village Apartments

Units

Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) - $345
2 BR (2/1) - $400

Wood Village Apartments Details

  • 52 one and two bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Laundry Room
  • Off-Street Parking
  • Rural Area

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Cable/Satellite TV
  • 9 ft. Ceilings
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Near Library
  • Near Park
  • Near Schools

Office Hours

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

About Wood Village Apartments

Wood Village Apartments, an affordable housing community consisting of one and two bedroom apartments. Complex amenities include an onsite manager and maintenance technician, parking, playground, energy star refrigerators, air conditioning, office and laundry. Accessible apartments available. Water, sewer and trash paid.

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

North Baltimore HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in North Baltimore but actual income limits may differ for units at Wood Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,500 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% $24,150 $27,600 $31,050 $34,450 $37,250 $40,000 $42,750 $45,500
80% $38,600 $44,100 $49,600 $55,100 $59,550 $63,950 $68,350 $72,750

North Baltimore 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 North Baltimore but actual income limits may differ for units at Wood Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $24,150 $27,600 $31,050 $34,450 $37,250 $40,000 $42,750 $45,500
Low Income (60%) $28,980 $33,120 $37,260 $41,340 $44,700 $48,000 $51,300 $54,600

These general income qualifications for North Baltimore, Ohio should only be used as a basic guide. To find out if you qualify, contact the community directly.

Wood Village Apartments 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 Wood Village Apartments 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 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.

Wood Village Apartments is managed by Premier Management LLC.

Image of Wood Village Apartments
Image of Wood Village Apartments
Image of Wood Village Apartments
Image of Wood Village Apartments

Nearby Low Income Apartment Communities

Country Squire Apartments

655 S. Poe Rd.
North Baltimore, Ohio
$722-869
2-4 BR
Subsidized