Grace Meadows

467 Woodsview Sq, Jeffersonville, Ohio 43128

Contact Grace Meadows

Grace Meadows is a friendly community that offers 1-, 2-, and 3-bedroom apartments at a convenient location in Jeffersonville, Ohio. The spacious apartments include energy efficient electric appliances and extra storage. This community features a laundry facility, clubhouse, playground, and more. Grace Meadows is near Jeffersonville Pool, 5-minutes from shopping and dining, and is 5-minutes from I-71.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price
Two Bedroom (2/1)	-	Call for Price
Three Bedroom (3/2)	-	Call for Price

Eligibility for Grace Meadows

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 Jeffersonville but actual income limits may differ for units at Grace Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$16,450	$19,720	$24,860	$30,000	$35,140	$40,280
50%	$27,450	$31,400	$35,300	$39,200	$42,350	$45,500
80%	$43,900	$50,200	$56,450	$62,700	$67,750	$72,750

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 Jeffersonville but actual income limits may differ for units at Grace Meadows.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$27,450	$31,400	$35,300	$39,200	$42,350	$45,500
Low Income (60%)	$32,940	$37,680	$42,360	$47,040	$50,820	$54,600

Grace Meadows Details

40 one, two and three bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance
HOME Investment Partnerships Program
Section 811 PRA

Property Amenities

Tot Lot
Playground
Basketball Court
BBQ and Picnic Area
Clubhouse
On-Site Manager
Online Payments Accepted

Unit Amenities

Air Conditioning
Handicapped Accessible
Carpet
Refrigerator
Extra Storage
Water Trash and Sewer Included

Office Hours

Day	Hours
Monday	7:30am-4:00pm
Tuesday	7:30am-4:00pm
Wednesday	7:30am-4:00pm
Thursday	7:30am-4:00pm
Friday	7:30am-4:00pm

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Section 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.