800 Lily Lane, Parkersburg, WV 26104
Waiting List Forecast: Likely Short or None
Verified for 2018 by Colleen Carter, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $663 - 715 per Month† | 3 - 4 Beds | 2 Baths | 1,335 - 1,543 Sq Ft |
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.
Coming in Fall 2017, Edison Hill Commons will feature beautiful, brand new three and four bedroom townhomes. Each spacious floor plan will include modern amenities you would expect to find in a luxury home, at affordable rental rates: a fully-equipped gourmet kitchen with energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes a full-size washer and dryer. Edison Hill Commons will also feature a community clubhouse that boasts a business center with computer workstations, as well as a fitness center, media room, and community room with a kitchen/dining area where residents can enjoy the companionship of friends and family. Reserve your new home at Edison Hill Commons today!
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Edison Hill Commons does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| The Worthington (3/2) | 1335ft2 | $663† |
| The Arlington (4/2) | 1543ft2 | $715† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $25,100 / year | $28,650 / year | $32,250 / year | $35,800 / year | $38,700 / year | $41,550 / year | $44,400 / year | $47,300 / year |
| 50% AMI for PBRA Units | $25,100 / year | $28,650 / year | $32,250 / year | $35,800 / year | $38,700 / year | $41,550 / year | $44,400 / year | $47,300 / year |
| 60% AMI for LIHTC Units | $30,120 / year | $34,380 / year | $38,700 / year | $42,960 / year | $46,440 / year | $49,860 / year | $53,280 / year | $56,760 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Edison Hill Commons have a waiting list?
Edison Hill Commons 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 Edison Hill Commons?
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 Edison Hill Commons?
Edison Hill Commons is managed by Pivotal (formally MVAH Partners) headquartered in West Chester, OH.
In addition to Edison Hill Commons, how many other affordable housing properties (and units) are there in Parkersburg?
In addition to Edison Hill Commons, we list 31 other affordable properties in Parkersburg. Learn about these properties here. Our data research shows that there are a total of 1324 affordable units in Parkersburg.
2700 Emerson Ave, Parkersburg, West Virginia 26104
3850 Central Ave, Parkersburg, West Virginia 26104
2412 Covert St, Parkersburg, West Virginia 26101
1602 Murdoch Avenue, Parkersburg, West Virginia 26101
235 South Campus View Drive, Parkersburg, West Virginia 26104
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Duane Lindoff says:
"This website makes it easier to wade through all the housing options. Thank you Affordable Housing Online!"