About This Property
Hillside Club Phase II comprises 104 units in Petoskey, Michigan, with 64 units designated as low-income housing. The property includes a mix of one-, two-, and three-bedroom floor plans serving families, with 8 one-bedroom, 64 two-bedroom, and 32 three-bedroom units available. The development has been in service since 2002 and is financed through tax-exempt bonds and 4% Low-Income Housing Tax Credits.
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 Hillside Club Phase Ii is typically 30% of household income or less.
What size apartments are available at Hillside Club Phase Ii?+
Hillside Club Phase Ii offers the following unit types: 8 One-Bedroom, 64 Two-Bedroom, 32 Three-Bedroom units, for a total of 104 units.
Who is eligible to live at Hillside Club Phase Ii?+
Hillside Club Phase Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Hillside Club Phase Ii?+
Hillside Club Phase Ii is managed by . You can reach them at . Visit their website for more information.
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, 3-bedroom: $1429. Actual rent at Hillside Club Phase Ii may be lower for income-eligible households.
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.
How do I apply for housing at Hillside Club Phase Ii?+
Hillside Club Phase Ii 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
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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