About This Property
Hickory Hollow offers 12 two-bedroom units designated as low-income housing in Au Gres, Michigan. The property was placed in service in 2001 and receives 4% Low-Income Housing Tax Credit financing. All units serve low-income households in Arenac County.
Property Details
Fair Market Rent - Arenac 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 | $633 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,288 |
Income Limits - Arenac County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Au Gres, MI?+
The Fair Market Rent (FMR) for Arenac County, MI is: $633 (Studio), $689 (1BR), $905 (2BR), $1275 (3BR), $1288 (4BR). Actual rent at subsidized properties like Hickory Hollow is typically 30% of household income or less.
What size apartments are available at Hickory Hollow?+
Hickory Hollow offers the following unit types: 12 Two-Bedroom units, for a total of 12 units.
How do I apply for housing at Hickory Hollow?+
Hickory Hollow 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.
What is the price range for apartments in Au Gres, MI?+
Based on Fair Market Rent for Arenac County, the estimated price range is: 2-bedroom: $905. Actual rent at Hickory Hollow may be lower for income-eligible households.
Who manages Hickory Hollow?+
Hickory Hollow is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Arenac County, MI?+
For a 4-person household in Arenac County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.