About This Property
Woodmere Ridge Apts comprises 11 low-income rental units in Traverse City, Michigan, serving disabled residents. The property includes five 1-bedroom, four 2-bedroom, and two 3-bedroom units and has been in service since 2006. Financing includes HOME funds and 9% Low-Income Housing Tax Credits, with non-profit ownership.
Waitlist Information
Waitlist managed by Traverse City Housing Commission
Pre-applications are currently accepted for families and senior/disabled individuals. The Traverse City Housing Commission does not have a preference, and qualified applicants are placed on the waiting list by the date and time the application is received.
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. All applicants will receive a letter in January 2025 confirming their application and position on the waitlist. Notification when at the top of the list is by U.S. Mail only.
Waitlist data provided by section8waitlist.org
Updated May 8, 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 |
Advertisement
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 Woodmere Ridge Apts is typically 30% of household income or less.
What size apartments are available at Woodmere Ridge Apts?+
Woodmere Ridge Apts offers the following unit types: 5 One-Bedroom, 4 Two-Bedroom, 2 Three-Bedroom units, for a total of 11 units.
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.
How do I apply for housing at Woodmere Ridge Apts?+
Woodmere Ridge 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 Woodmere Ridge Apts?+
Woodmere Ridge Apts is managed by . You can reach them at . Visit their website for more information.
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 Woodmere Ridge Apts may be lower for income-eligible households.
Who is eligible to live at Woodmere Ridge Apts?+
Woodmere Ridge Apts primarily serves persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Woodmere Ridge Apts?+
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Woodmere Ridge Apts
Aspen Hills
Traverse City, MI
70 UnitsVillage View
Traverse City, MI
18 UnitsOak Terrace Apts
Traverse City, MI
48 UnitsVillage Glen Apts Traverse City
Traverse City, MI
120 UnitsBay Hill
Traverse City, MI
150 UnitsBay Hill I
Traverse City, MI
150 Units