About This Property
Sawmill Estates Senior is a 34-unit affordable housing community in Wayland, Michigan that serves elderly residents. The property contains two one-bedroom units and thirty-two two-bedroom units designated as low-income housing. Placed in service in 2008, the community is funded through HOME programs and tax-exempt bonds and utilizes 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 Senior is typically 30% of household income or less.
What size apartments are available at Sawmill Estates Senior?+
Sawmill Estates Senior offers the following unit types: 2 One-Bedroom, 32 Two-Bedroom units, for a total of 34 units.
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.
What is the price range for apartments in Wayland, MI?+
Based on Fair Market Rent for Allegan County, the estimated price range is: 1-bedroom: $838, 2-bedroom: $1101. Actual rent at Sawmill Estates Senior may be lower for income-eligible households.
Who is eligible to live at Sawmill Estates Senior?+
Sawmill Estates Senior primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Sawmill Estates Senior?+
Sawmill Estates Senior is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sawmill Estates Senior?+
Sawmill Estates Senior 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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.