Summer Tree Terrace

71 N Main St, Jeffersonville, Ohio 43128

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Summer Tree Terrace is managed by TM Associates Management, Inc.

Summer Tree Terrace is a friendly community that offers 2-bedroom apartments at a convenient location in Jeffersonville, Ohio. The spacious apartments include energy efficient electric appliances and are handicap accessible. This community features a laundry facility, clubhouse, playground, and more. Summer Tree Terrace is 5-minutes from Jeffersonville Pool, 10-minutes from shopping and dining, and is 10-minutes from I-71.

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

Eligibility for Summer Tree Terrace

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 Summer Tree Terrace.

AMI Band 1 Person 2 Person 3 Person 4 Person
30% $16,450 $19,720 $24,860 $30,000
50% $27,450 $31,400 $35,300 $39,200
80% $43,900 $50,200 $56,450 $62,700

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 Summer Tree Terrace.

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

Summer Tree Terrace Details

  • 24 two 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

Property Amenities

  • Tot Lot
  • Playground
  • Clubhouse
  • On-Site Manager
  • Online Payments Accepted
  • Laundry Facilities
  • Picnic Area

Unit Amenities

  • Ceiling Fan(s)
  • Handicapped Accessible
  • Carpet
  • Refrigerator
  • Oven and Range
  • Water Trash and Sewer Included
  • Heat and Air

Office Hours

Day Hours
Monday 8:00am-4:00pm
Tuesday 8:00am-4:00pm
Wednesday 8:00am-4:00pm
Thursday 8:00am-4:00pm
Friday 8:00am-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.

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