About This Property
Alma Apts consists of 32 low-income rental units in Alma, Michigan, comprising 14 one-bedroom and 18 two-bedroom apartments. The property was placed in service in 1987 and is funded through 4% Low-Income Housing Tax Credits. Management and leasing inquiries can be directed to the property contact information.
Waitlist Information
Waitlist managed by Alma Housing Commission
Preferences include living or working in Alma, veteran, working family, involuntarily displaced, substandard housing, or rent burdened; declining two invitations will purge the application.
The waitlist is not currently accepting applications. MSHDA's HCV program waitlists, which likely include Alma, are closed indefinitely starting July 1, 2024, due to budget constraints.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
Fair Market Rent - Gratiot 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 | $743 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,171 |
| 4 Bedroom | $1,528 |
Income Limits - Gratiot 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Alma, MI?+
The Fair Market Rent (FMR) for Gratiot County, MI is: $613 (Studio), $743 (1BR), $905 (2BR), $1171 (3BR), $1528 (4BR). Actual rent at subsidized properties like Alma Apts is typically 30% of household income or less.
What size apartments are available at Alma Apts?+
Alma Apts offers the following unit types: 14 One-Bedroom, 18 Two-Bedroom units, for a total of 32 units.
Is there a waitlist for Alma 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.
How do I apply for housing at Alma Apts?+
Alma 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.
What are the income limits for affordable housing in Gratiot County, MI?+
For a 4-person household in Gratiot 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.
Who manages Alma Apts?+
Alma Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Alma, MI?+
Based on Fair Market Rent for Gratiot County, the estimated price range is: 1-bedroom: $743, 2-bedroom: $905. Actual rent at Alma Apts may be lower for income-eligible households.
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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