About This Property
Cedar Bend Apartments contains 148 units in Grand Blanc, Michigan, with 147 designated as low-income housing. The property offers a mix of one-, two-, three-, and four-bedroom floor plans and has been in service since 2002. Financing for the development includes tax-exempt bonds and 4% Low-Income Housing Tax Credits.
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 Grand Blanc, 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 Cedar Bend Apts is typically 30% of household income or less.
What size apartments are available at Cedar Bend Apts?+
Cedar Bend Apts offers the following unit types: 48 One-Bedroom, 60 Two-Bedroom, 32 Three-Bedroom, 8 Four-Bedroom units, for a total of 148 units.
What is the price range for apartments in Grand Blanc, MI?+
Based on Fair Market Rent for Genesee County, the estimated price range is: 1-bedroom: $854, 2-bedroom: $1061, 3-bedroom: $1317. Actual rent at Cedar Bend Apts may be lower for income-eligible households.
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.
How do I apply for housing at Cedar Bend Apts?+
Cedar Bend 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.
Who manages Cedar Bend Apts?+
Cedar Bend Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
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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