About This Portage Terrace Ravenna
Portage Terrace Ravenna is a rental apartment complex located in Ravenna, OH that participates in the Low-Income Housing Tax Credit (LIHTC) program. This program provides incentives to builders and developers to offer affordable housing options to low-income individuals and families. The rental rates at Portage Terrace Ravenna are based on the Area Median Income (AMI), which means that they may still be unaffordable to some low-income households. It is important to check the current rental rates to determine if this option is within your budget. The complex offers 60 low-income apartments, but there may be a waiting list. If you are interested in applying, you must include income information for all adults who will be living in the apartment and this information will need to be verified at the time of application. Contact the complex directly for more information.
How to apply
Public housing is a form of housing tenure in which the property is usually owned by a government
authority, either central or local. The federal Housing and Urban Development (HUD) department
addressed concerns of distressed properties and blighted superblocks with revitalization and funding
projects for the renewal of public housing to decrease its density and allow for tenants with mixed
income levels.
1. Check Your Eligibility Criteria
2. Search For Your Local Housing Authority
3. Fill In And Submit The Application Form
4. Check Your Waiting List Status
5. Move Into An Unit
Statement
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