About This Property
Fairway Meadows offers 10 low-income residential units in Marshall, Michigan, consisting of two 1-bedroom, four 2-bedroom, and four 3-bedroom apartments. The property has been in service since 2002 and receives 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Calhoun 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 | $745 |
| 1 Bedroom | $854 |
| 2 Bedroom | $1,038 |
| 3 Bedroom | $1,291 |
| 4 Bedroom | $1,488 |
Income Limits - Calhoun 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 Marshall, MI?+
The Fair Market Rent (FMR) for Calhoun County, MI is: $745 (Studio), $854 (1BR), $1038 (2BR), $1291 (3BR), $1488 (4BR). Actual rent at subsidized properties like Fairway Meadows is typically 30% of household income or less.
What size apartments are available at Fairway Meadows?+
Fairway Meadows offers the following unit types: 2 One-Bedroom, 4 Two-Bedroom, 4 Three-Bedroom units, for a total of 10 units.
What is the price range for apartments in Marshall, MI?+
Based on Fair Market Rent for Calhoun County, the estimated price range is: 1-bedroom: $854, 2-bedroom: $1038, 3-bedroom: $1291. Actual rent at Fairway Meadows may be lower for income-eligible households.
Who manages Fairway Meadows?+
Fairway Meadows is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Calhoun County, MI?+
For a 4-person household in Calhoun 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.
How do I apply for housing at Fairway Meadows?+
Fairway Meadows 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.
Contact Information
Walk Score
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Nearby Schools
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