About This Property
Riverside Manor Apartments comprises 32 low-income units serving families, elderly, disabled, and homeless individuals in Au Gres, Michigan. The property, placed in service in 2015, offers a mix of one-, two-, and three-bedroom units, with 16 one-bedroom, 14 two-bedroom, and 2 three-bedroom apartments available. This Arenac County community provides affordable housing options for residents with varying household sizes and needs.
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 Riverside Manor Apartments is typically 30% of household income or less.
What size apartments are available at Riverside Manor Apartments?+
Riverside Manor Apartments offers the following unit types: 16 One-Bedroom, 14 Two-Bedroom, 2 Three-Bedroom units, for a total of 32 units.
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.
What is the price range for apartments in Au Gres, MI?+
Based on Fair Market Rent for Arenac County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905, 3-bedroom: $1275. Actual rent at Riverside Manor Apartments may be lower for income-eligible households.
How do I apply for housing at Riverside Manor Apartments?+
Riverside Manor Apartments 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 is eligible to live at Riverside Manor Apartments?+
Riverside Manor Apartments 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.
Who manages Riverside Manor Apartments?+
Riverside Manor Apartments is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.