About This Property
Clare Castle Senior Housing offers 24 two-bedroom units in Clare, Michigan, providing affordable housing for elderly residents. The property was placed in service in 2010 and is financed through 9% Low-Income Housing Tax Credits. All 24 units serve low-income households.
Property Details
Fair Market Rent - Clare 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 | $1,170 |
| 4 Bedroom | $1,516 |
Income Limits - Clare 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 Clare, MI?+
The Fair Market Rent (FMR) for Clare County, MI is: $633 (Studio), $689 (1BR), $905 (2BR), $1170 (3BR), $1516 (4BR). Actual rent at subsidized properties like Clare Castle Senior Housing is typically 30% of household income or less.
What size apartments are available at Clare Castle Senior Housing?+
Clare Castle Senior Housing offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
Who manages Clare Castle Senior Housing?+
Clare Castle Senior Housing is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Clare Castle Senior Housing?+
Clare Castle Senior Housing 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 Clare, MI?+
Based on Fair Market Rent for Clare County, the estimated price range is: 2-bedroom: $905. Actual rent at Clare Castle Senior Housing may be lower for income-eligible households.
Who is eligible to live at Clare Castle Senior Housing?+
Clare Castle Senior Housing primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Clare County, MI?+
For a 4-person household in Clare 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
Very Walkable
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