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
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 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.
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.
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.
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.
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.
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.
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