About This Property
Sawmill Estates Family provides 48 low-income residential units in Wayland, Michigan, serving families, elderly residents, disabled individuals, and homeless populations. The property has been in service since 2008 and receives funding through HOME programs and tax-exempt bonds, with support from 4% Low-Income Housing Tax Credits.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Wayland, 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 Sawmill Estates Family is typically 30% of household income or less.
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.
How do I apply for housing at Sawmill Estates Family?+
Sawmill Estates Family is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Sawmill Estates Family?+
Sawmill Estates Family is managed by . You can reach them at .
Who is eligible to live at Sawmill Estates Family?+
Sawmill Estates Family primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.