Sherman Thompson Towers

275 N 3rd St, Ironton, Ohio 45638

Contact Sherman Thompson Towers

Welcome to Sherman Thompson Towers, an apartment community for those 62 and better, handicapped, or disabled. Enjoy the comfort of quiet, community living here at Sherman Thompson Towers!

Spacious 1 and 2 bedroom apartment homes are thoughtfully designed with your comfort and convenience in mind. In addition to our great floor plans and maintenance-free living, our community has the amenities you want and deserve. For your pleasure, our community features a scenic view of the Ohio River from most apartments, a huge community room, 24-hour laundry and emergency pull cords.

Enjoy the benefits of community living with the added perks of living minutes away from Ashland, KY. Sherman Thompson Towers is ideally situated to give you easy access to the best of what the area has to offer. We are located a short distance from grocery shopping, the Ironton Post Office, Ashland Towne Center Mall, and the Huntington Mall. Here at Sherman Thompson Towers, we understand that your pet is a special part of your family. We are pet friendly and look forward to making your furry friend a part of our community!

Call them today to make an appointment to see for yourself why Sherman Thompson Towers should be your new home. We look forward to hearing from you!

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	573	Income Based
2 Bedroom (2/1)	617	Income Based

Eligibility for Sherman Thompson Towers

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 Ironton but actual income limits may differ for units at Sherman Thompson Towers.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$14,580	$19,720	$24,860	$30,000
50%	$24,250	$27,700	$31,150	$34,600
80%	$38,750	$44,300	$49,850	$55,350

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 Ironton but actual income limits may differ for units at Sherman Thompson Towers.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$24,250	$27,700	$31,150	$34,600

Sherman Thompson Towers Details

151 one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
Elevator
Community Room
Emergency Pull Cord
Grilling Area
Courtyard
Monthly Planned Activities
On-Site Laundry

Unit Amenities

Air Conditioning
All Appliances included
Cable Ready

Nearby Amenities

Close to Shopping

Section 8 Project-Based Rental Assistance (PBRA)

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.

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.