About This Property
Olde Mill is a 24-unit affordable housing community in Saugatuck, Michigan that has been in service since 2012. The property contains 12 one-bedroom units, 9 two-bedroom units, and 3 three-bedroom units designated for low-income residents. All units serve households at or below the area median income limits.
Property Details
Fair Market Rent - Allegan County, MI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $832 |
| 1 Bedroom | $838 |
| 2 Bedroom | $1,101 |
| 3 Bedroom | $1,427 |
| 4 Bedroom | $1,466 |
Income Limits - Allegan County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,550
- Very Low (50%)
- $25,900
- Low (80%)
- $41,450
- Extremely Low (30%)
- $17,800
- Very Low (50%)
- $29,600
- Low (80%)
- $47,400
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,300
- Low (80%)
- $53,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,000
- Low (80%)
- $59,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,950
- Low (80%)
- $68,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,850
- Low (80%)
- $78,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,550 | $25,900 | $41,450 |
| 2 Persons | $17,800 | $29,600 | $47,400 |
| 3 Persons | $21,960 | $33,300 | $53,300 |
| 4 Persons | $26,500 | $37,000 | $59,200 |
| 5 Persons | $31,040 | $40,000 | $63,950 |
| 6 Persons | $35,580 | $42,950 | $68,700 |
| 7 Persons | $40,120 | $45,900 | $73,450 |
| 8 Persons | $44,660 | $48,850 | $78,150 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Saugatuck, MI?+
The Fair Market Rent (FMR) for Allegan County, MI is: $832 (Studio), $838 (1BR), $1101 (2BR), $1427 (3BR), $1466 (4BR). Actual rent at subsidized properties like Olde Mill is typically 30% of household income or less.
What size apartments are available at Olde Mill?+
Olde Mill offers the following unit types: 12 One-Bedroom, 9 Two-Bedroom, 3 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Olde Mill?+
Olde Mill is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Olde Mill?+
Olde Mill is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Olde Mill?+
Olde Mill primarily serves UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Saugatuck, MI?+
Based on Fair Market Rent for Allegan County, the estimated price range is: 1-bedroom: $838, 2-bedroom: $1101, 3-bedroom: $1427. Actual rent at Olde Mill may be lower for income-eligible households.
What are the income limits for affordable housing in Allegan County, MI?+
For a 4-person household in Allegan County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,000, Low Income (80% AMI): $59,200. These limits are set by HUD and updated annually.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Olde Mill
Village At Appledorn Ii, The
Holland, MI
93 UnitsWoodridge Apts Fennville
Fennville, MI
52 UnitsMidtown Village
Holland, MI
30 UnitsHarbor Village Holland
Holland, MI
120 UnitsAllegan County Supportive Housing Projec
Fennville, MI
11 UnitsMeadow Lanes
Holland, MI
118 Units