About This Property
Nottingham Apts comprises 24 units in Farwell, MI, with 23 designated as low-income housing. The property features 13 one-bedroom and 11 two-bedroom units and has been in service since 2000. The property utilizes 4% Low-Income Housing Tax Credits.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Farwell, 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 Nottingham Apts is typically 30% of household income or less.
What size apartments are available at Nottingham Apts?+
Nottingham Apts offers the following unit types: 13 One-Bedroom, 11 Two-Bedroom units, for a total of 24 units.
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.
What is the price range for apartments in Farwell, MI?+
Based on Fair Market Rent for Clare County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905. Actual rent at Nottingham Apts may be lower for income-eligible households.
Who manages Nottingham Apts?+
Nottingham Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Nottingham Apts?+
Nottingham Apts 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
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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