St. Paul Village I is managed by Episcopal Retirement Services.
St. Paul Village has provided income-qualified Cincinnati seniors with comfortable, affordable residential apartments since 1978. The community joined the Episcopal Retirement Services (ERS) family in 2008, and now offers amenities and services not commonly found in communities serving residents with low-incomes.
Located on a sprawling residential campus along Madison Rd. in Madisonville, St. Paul Village is just minutes from Kenwood, Hyde Park, Mariemont, and downtown Cincinnati. Three Metro bus lines run past St. Paul Village (Madison Rd., Routes 11 and 12X), offering easy access to many other Greater Cincinnati communities. And there is a free local shuttle service to doctor's appointments, shopping, banking, and more.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (1/1) | - | Income Based |
1 Bedroom (1/1) | - | Income Based |
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 Cincinnati but actual income limits may differ for units at St. Paul Village I.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $21,250 | $24,300 | $27,350 | $30,350 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
80% | $56,650 | $64,750 | $72,850 | $80,900 | $87,400 | $93,850 | $100,350 | $106,800 |
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 Cincinnati but actual income limits may differ for units at St. Paul Village I.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 | $62,700 | $66,750 |
Low Income (60%) | $42,480 | $48,540 | $54,600 | $60,660 | $65,520 | $70,380 | $75,240 | $80,100 |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.