About This Property
Litchfield Apts comprises 24 low-income rental units in Litchfield, Michigan, featuring eight one-bedroom and sixteen two-bedroom floor plans. The property has been in service since 1991 and currently operates under 4% Low-Income Housing Tax Credit financing. Prospective residents or investors can contact the property management for additional information regarding availability and application procedures.
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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Litchfield, 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 Litchfield Apts is typically 30% of household income or less.
What size apartments are available at Litchfield Apts?+
Litchfield Apts offers the following unit types: 8 One-Bedroom, 16 Two-Bedroom units, for a total of 24 units.
Who manages Litchfield Apts?+
Litchfield Apts is managed by . You can reach them at . Visit their website for more information.
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.
What is the price range for apartments in Litchfield, MI?+
Based on Fair Market Rent for Hillsdale County, the estimated price range is: 1-bedroom: $725, 2-bedroom: $952. Actual rent at Litchfield Apts may be lower for income-eligible households.
How do I apply for housing at Litchfield Apts?+
Litchfield 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.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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