Pinewood Gardens

40 Pinewood Cir, Trotwood, Ohio 45426

Pinewood Gardens, located at 40 Pinewood Cir in Trotwood, has one, two, three and four bedroom apartments. Pinewood Gardens participates in the Section 8 Project-Based Rental Assistance and Section 42 Low-Income Housing Tax Credit (LIHTC) programs.

Contact Pinewood Gardens

Message Pinewood Gardens

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 426 Call for Price
Two Bedroom (2/1) 474 Call for Price
Three Bedroom (3/1) 753 Call for Price
Four Bedroom (4/1) 1014 Call for Price

Pinewood Gardens Details

  • 80 one, two, three and four bedroom units.
  • Project-Based Rental Assistance
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Community Room
  • Laundry Room
  • Computer Room
  • 24 Hour Maintenance

Unit Amenities

  • Garbage Disposal
  • Water Trash and Sewer Included

About Pinewood Gardens

Welcome to Pinewood Gardens Apartments. These townhomes and apartments for rent in Trotwood, Ohio, feature all the amenities you need for a fraction of the cost. 

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.

Trotwood HUD Rental Assistance Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,800 $16,460 $20,780 $25,100 $29,420 $33,740 $38,060 $42,380
50% $23,000 $26,300 $29,600 $32,850 $35,500 $38,150 $40,750 $43,400
80% $36,800 $42,050 $47,300 $52,550 $56,800 $61,000 $65,200 $69,400

Trotwood 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% $23,000 $26,300 $29,600 $32,850 $35,500 $38,150 $40,750 $43,400
60% $27,600 $31,560 $35,520 $39,420 $42,600 $45,780 $48,900 $52,080

Pinewood Gardens 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 Pinewood Gardens 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.

Pinewood Gardens is managed by PK Management, LLC.