Meadow Ridge Apartments

727 Follin Avenue, Mount Vernon, Ohio 43050

Contact Meadow Ridge Apartments

Meadow Ridge Apartments, an affordable housing community consisting of one and two bedroom apartments. Complex amenities include energy star refrigerators, manager and maintenance technician, parking, playground, office and laundry. Water, sewer and trash paid.

Unit (Bd/Ba)	Ft²	Rent
1 BR (1/1)	-	$445
2 BR (2/1)	-	$475

Eligibility for Meadow Ridge Apartments

Meadow Ridge Apartments Details

48 one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 8 New Construction

Property Amenities

Playground
On-Site Manager
Laundry Room
On-Site Maintenance
Heat Included

Unit Amenities

Water Trash and Sewer Included

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.