About This Property
Ross Lake Village comprises 47 units in Beaverton, Michigan, with 37 designated as low-income housing. The property, which has been in service since 2000, includes eight one-bedroom, twenty-three two-bedroom, and sixteen three-bedroom units and is financed through 9% Low-Income Housing Tax Credits. The community is managed by its listed contact for ongoing resident services and maintenance.
Property Details
Fair Market Rent - Gladwin 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 | $613 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,338 |
Income Limits - Gladwin County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Beaverton, MI?+
The Fair Market Rent (FMR) for Gladwin County, MI is: $613 (Studio), $689 (1BR), $905 (2BR), $1275 (3BR), $1338 (4BR). Actual rent at subsidized properties like Ross Lake Village is typically 30% of household income or less.
What size apartments are available at Ross Lake Village?+
Ross Lake Village offers the following unit types: 8 One-Bedroom, 23 Two-Bedroom, 16 Three-Bedroom units, for a total of 47 units.
What is the price range for apartments in Beaverton, MI?+
Based on Fair Market Rent for Gladwin County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905, 3-bedroom: $1275. Actual rent at Ross Lake Village may be lower for income-eligible households.
Who manages Ross Lake Village?+
Ross Lake Village is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Gladwin County, MI?+
For a 4-person household in Gladwin County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
How do I apply for housing at Ross Lake Village?+
Ross Lake Village 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.
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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