Meadow Estates I Apartments

100 N. Third Street, Shelby, Ohio 44875

Contact Meadow Estates I Apartments

Meadow Estates I Apartments, an affordable housing community consisting of one, two and three bedroom apartments. Complex amenities include energy star appliances, dishwashers, central heat and air, manager and maintenance technician, parking, playground, community room office and laundry. Garages available at an extra fee. Water, sewer and trash paid.

Unit (Bd/Ba)	Ft²	Rent
1 BR (1/1)	650	From $365
2 BR (2/1)	860	From $395
3 BR (3/2)	1050	From $510

Eligibility for Meadow Estates I Apartments

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 Shelby but actual income limits may differ for units at Meadow Estates I Apartments.

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

Meadow Estates I Apartments Details

50 one, two and three bedroom units.
Townhouse
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Tot Lot
Playground
Community Room
Laundry Room
Off-Street Parking

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Central Air
Dishwasher
Garbage Disposal
Microwave
Cable and Satellite TV
Window Coverings
Carpet
Patio Deck Or Balcony

Nearby Amenities

Close to Business District
Close to Downtown District
Near Hospital
Near Library
Near Schools

Office Hours

Day	Hours
Monday	9:00pm-3:00pm
Tuesday	9:00pm-3:00pm
Wednesday	9:00pm-3:00pm
Thursday	9:00pm-3:00pm
Friday	9:00pm-2:00pm

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.

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.