About This Property
Heritage Lane Residences contains 44 low-income units in Jonesville, Michigan, comprising 16 one-bedroom and 28 two-bedroom apartments. The property, which began operations in 2016, serves families and individuals with disabilities through 9% Low-Income Housing Tax Credit financing. This community is managed to provide affordable housing options in Hillsdale County.
Property Details
Fair Market Rent - Hillsdale 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 | $720 |
| 1 Bedroom | $725 |
| 2 Bedroom | $952 |
| 3 Bedroom | $1,199 |
| 4 Bedroom | $1,306 |
Income Limits - Hillsdale 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 Jonesville, MI?+
The Fair Market Rent (FMR) for Hillsdale County, MI is: $720 (Studio), $725 (1BR), $952 (2BR), $1199 (3BR), $1306 (4BR). Actual rent at subsidized properties like Heritage Lane Residences is typically 30% of household income or less.
What size apartments are available at Heritage Lane Residences?+
Heritage Lane Residences offers the following unit types: 16 One-Bedroom, 28 Two-Bedroom units, for a total of 44 units.
Who is eligible to live at Heritage Lane Residences?+
Heritage Lane Residences primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Heritage Lane Residences?+
Heritage Lane Residences is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Jonesville, MI?+
Based on Fair Market Rent for Hillsdale County, the estimated price range is: 1-bedroom: $725, 2-bedroom: $952. Actual rent at Heritage Lane Residences may be lower for income-eligible households.
How do I apply for housing at Heritage Lane Residences?+
Heritage Lane Residences 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 Hillsdale County, MI?+
For a 4-person household in Hillsdale 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Heritage Lane Residences
Center City Downtown Hillsdale
Hillsdale, MI
40 UnitsHillsdale Beacon Hill
Hillsdale, MI
196 UnitsLitchfield Apts
Litchfield, MI
24 UnitsFriendship Village Apts
Litchfield, MI
40 UnitsGreenwood Village Ii
Hillsdale, MI
48 UnitsGreenwood Village
Hillsdale, MI
48 Units