About This Property
Rosewood Park contains 120 low-income rental units in Mt. Morris and serves families and disabled residents. The community offers 80 two-bedroom and 40 three-bedroom units, and has been in service since 2003. This non-profit owned property receives funding through HOME and 9% LIHTC 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 Mount Morris, 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 Rosewood Park is typically 30% of household income or less.
What size apartments are available at Rosewood Park?+
Rosewood Park offers the following unit types: 80 Two-Bedroom, 40 Three-Bedroom units, for a total of 120 units.
How do I apply for housing at Rosewood Park?+
Rosewood Park 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.
Who is eligible to live at Rosewood Park?+
Rosewood Park primarily serves families, persons with disabilities, SUBSTANCE ABUSE. 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 Mount Morris, MI?+
Based on Fair Market Rent for Genesee County, the estimated price range is: 2-bedroom: $1061, 3-bedroom: $1317. Actual rent at Rosewood Park may be lower for income-eligible households.
Who manages Rosewood Park?+
Rosewood Park 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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