Ohio

Tax credit apartments in Lima, OH

HUD's database lists 9 properties in Lima built or rehabbed with low-income housing tax credits: 817 apartments, 806 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Barr Senior Apts

204 N Union St, Lima, OH 45801

Apartments
69
Income-restricted
69
Placed in service
1994

Brower Commons

1170 Adamlee Pl, Lima, OH 45801

56 2BR, 34 3BR

Apartments
90
Income-restricted
90
Placed in service
1998

Maplewood/northwood Apts

531 Brower Rd, Lima, OH 45801

32 1BR, 104 2BR, 44 3BR, 16 4BR

Apartments
196
Income-restricted
196
Placed in service
2008

New Lima Homes

209 E Tenth St, Lima, OH 45804

60 4BR

Apartments
60
Income-restricted
60
Placed in service
2005

Shawnee Lofts

892 South Cable Road, Lima, OH 45805

16 1BR, 27 2BR, 11 3BR

Apartments
54
Income-restricted
54
Placed in service
2022

Union Square

200 East Elm Street, Lima, OH 45801

Apartments
24
Income-restricted
23
Placed in service
2015

Waterford Townhomes

515 Hope St, Lima, OH 45804

40 2BR, 52 3BR

Apartments
92
Income-restricted
82
Placed in service
2002

Willow Lake Apt Homes

2260 Lake Cir Dr, Lima, OH 45801

HUD lists it as senior housing · 88 1BR, 96 2BR, 8 3BR

Apartments
192
Income-restricted
192
Placed in service
1998

Wilshire Place

1500 Deerfield Dr, Lima, OH 45805

30 2BR, 10 3BR

Apartments
40
Income-restricted
40
Placed in service
2012

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.