About This Property
Harbor Village Senior offers 44 low-income units in Petoskey serving elderly residents, with a mix of 36 one-bedroom and 8 two-bedroom apartments. The property has been in service since 1992 and utilizes 4% Low-Income Housing Tax Credits to maintain affordability. This senior housing community provides rental options for low-income households in Emmet County.
Property Details
Fair Market Rent - Emmet 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 | $826 |
| 1 Bedroom | $900 |
| 2 Bedroom | $1,182 |
| 3 Bedroom | $1,429 |
| 4 Bedroom | $1,675 |
Income Limits - Emmet County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,450
- Low (80%)
- $40,750
- Extremely Low (30%)
- $17,450
- Very Low (50%)
- $29,100
- Low (80%)
- $46,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,750
- Low (80%)
- $52,350
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,350
- Low (80%)
- $58,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,300
- Low (80%)
- $62,850
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,200
- Low (80%)
- $67,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,100
- Low (80%)
- $72,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,000
- Low (80%)
- $76,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,450 | $40,750 |
| 2 Persons | $17,450 | $29,100 | $46,550 |
| 3 Persons | $21,960 | $32,750 | $52,350 |
| 4 Persons | $26,500 | $36,350 | $58,150 |
| 5 Persons | $31,040 | $39,300 | $62,850 |
| 6 Persons | $35,580 | $42,200 | $67,500 |
| 7 Persons | $40,120 | $45,100 | $72,150 |
| 8 Persons | $44,660 | $48,000 | $76,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Petoskey, MI?+
The Fair Market Rent (FMR) for Emmet County, MI is: $826 (Studio), $900 (1BR), $1182 (2BR), $1429 (3BR), $1675 (4BR). Actual rent at subsidized properties like Harbor Village Senior (Petosky) is typically 30% of household income or less.
What size apartments are available at Harbor Village Senior (Petosky)?+
Harbor Village Senior (Petosky) offers the following unit types: 36 One-Bedroom, 8 Two-Bedroom units, for a total of 44 units.
Who is eligible to live at Harbor Village Senior (Petosky)?+
Harbor Village Senior (Petosky) primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Harbor Village Senior (Petosky)?+
Harbor Village Senior (Petosky) is managed by . You can reach them at .
What are the income limits for affordable housing in Emmet County, MI?+
For a 4-person household in Emmet County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,350, Low Income (80% AMI): $58,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Petoskey, MI?+
Based on Fair Market Rent for Emmet County, the estimated price range is: 1-bedroom: $900, 2-bedroom: $1182. Actual rent at Harbor Village Senior (Petosky) may be lower for income-eligible households.
How do I apply for housing at Harbor Village Senior (Petosky)?+
Harbor Village Senior (Petosky) 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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