About This Property
Woda Boardman Lake is an affordable housing community in Traverse City, Michigan, offering 112 low-income units that have been in service since 2015. The property provides housing for families, elderly residents, disabled individuals, and formerly homeless persons, with a unit mix of 46 one-bedroom, 50 two-bedroom, 12 three-bedroom, and 4 four-bedroom apartments. The community serves Grand Traverse County residents seeking affordable rental options.
Waitlist Information
Waitlist managed by Traverse City Housing Commission
Applicants must be either 62 years of age or older, OR a disabled individual 18 years of age or older, and meet income eligibility with limits of $47,600 for a one-person household and $54,400 for a two-person household.
The waitlist is closed due to intense demand. It may take several years for a qualified applicant to receive a voucher. Preferences are given to families with children, elderly, and disabled individuals who also live, work or have been hired to work within the TCHC service area. Applicants will receive a letter in January 2025 confirming their application and waitlist position. Notification when at the top of the list is by U.S. Mail only.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
Fair Market Rent - Grand Traverse 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 | $1,044 |
| 1 Bedroom | $1,061 |
| 2 Bedroom | $1,232 |
| 3 Bedroom | $1,490 |
| 4 Bedroom | $1,641 |
Income Limits - Grand Traverse County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,850
- Very Low (50%)
- $29,750
- Low (80%)
- $47,600
- Extremely Low (30%)
- $20,400
- Very Low (50%)
- $34,000
- Low (80%)
- $54,400
- Extremely Low (30%)
- $22,950
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,500
- Low (80%)
- $68,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,900
- Low (80%)
- $73,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,300
- Low (80%)
- $78,900
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $52,700
- Low (80%)
- $84,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,100
- Low (80%)
- $89,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,850 | $29,750 | $47,600 |
| 2 Persons | $20,400 | $34,000 | $54,400 |
| 3 Persons | $22,950 | $38,250 | $61,200 |
| 4 Persons | $26,500 | $42,500 | $68,000 |
| 5 Persons | $31,040 | $45,900 | $73,450 |
| 6 Persons | $35,580 | $49,300 | $78,900 |
| 7 Persons | $40,120 | $52,700 | $84,350 |
| 8 Persons | $44,660 | $56,100 | $89,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Traverse City, MI?+
The Fair Market Rent (FMR) for Grand Traverse County, MI is: $1044 (Studio), $1061 (1BR), $1232 (2BR), $1490 (3BR), $1641 (4BR). Actual rent at subsidized properties like Woda Boardman Lake is typically 30% of household income or less.
What size apartments are available at Woda Boardman Lake?+
Woda Boardman Lake offers the following unit types: 46 One-Bedroom, 50 Two-Bedroom, 12 Three-Bedroom, 4 Four-Bedroom units, for a total of 112 units.
How do I apply for housing at Woda Boardman Lake?+
Woda Boardman Lake 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.
Is there a waitlist for Woda Boardman Lake?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Woda Boardman Lake?+
Woda Boardman Lake is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Grand Traverse County, MI?+
For a 4-person household in Grand Traverse County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,500, Low Income (80% AMI): $68,000. These limits are set by HUD and updated annually.
What is the price range for apartments in Traverse City, MI?+
Based on Fair Market Rent for Grand Traverse County, the estimated price range is: 1-bedroom: $1061, 2-bedroom: $1232, 3-bedroom: $1490. Actual rent at Woda Boardman Lake may be lower for income-eligible households.
Who is eligible to live at Woda Boardman Lake?+
Woda Boardman Lake primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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