About This Property
Braidwood Manor Apts offers 100 one-bedroom units designed for elderly residents in Davison, Michigan. The property has been in service since 2008 and operates as a low-income housing community funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. All units serve households with low incomes.
Property Details
Fair Market Rent - Genesee 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 | $740 |
| 1 Bedroom | $854 |
| 2 Bedroom | $1,061 |
| 3 Bedroom | $1,317 |
| 4 Bedroom | $1,444 |
Income Limits - Genesee County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,800
- Very Low (50%)
- $23,000
- Low (80%)
- $36,750
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,250
- Low (80%)
- $42,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,550
- Low (80%)
- $47,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,800
- Low (80%)
- $52,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,450
- Low (80%)
- $56,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $38,050
- Low (80%)
- $60,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $43,300
- Very Low (50%)
- $43,300
- Low (80%)
- $69,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,800 | $23,000 | $36,750 |
| 2 Persons | $17,420 | $26,250 | $42,000 |
| 3 Persons | $21,960 | $29,550 | $47,250 |
| 4 Persons | $26,500 | $32,800 | $52,500 |
| 5 Persons | $31,040 | $35,450 | $56,700 |
| 6 Persons | $35,580 | $38,050 | $60,900 |
| 7 Persons | $40,120 | $40,700 | $65,100 |
| 8 Persons | $43,300 | $43,300 | $69,300 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Davison, MI?+
The Fair Market Rent (FMR) for Genesee County, MI is: $740 (Studio), $854 (1BR), $1061 (2BR), $1317 (3BR), $1444 (4BR). Actual rent at subsidized properties like Braidwood Manor Apts is typically 30% of household income or less.
What size apartments are available at Braidwood Manor Apts?+
Braidwood Manor Apts offers the following unit types: 100 One-Bedroom units, for a total of 100 units.
Who manages Braidwood Manor Apts?+
Braidwood Manor Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Braidwood Manor Apts?+
Braidwood Manor Apts primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Davison, MI?+
Based on Fair Market Rent for Genesee County, the estimated price range is: 1-bedroom: $854. Actual rent at Braidwood Manor Apts may be lower for income-eligible households.
How do I apply for housing at Braidwood Manor Apts?+
Braidwood Manor 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.
What are the income limits for affordable housing in Genesee County, MI?+
For a 4-person household in Genesee County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,800, Low Income (80% AMI): $52,500. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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