About This Property
The Woods contains 32 low-income rental units in Bad Axe, Michigan, with a mix of 16 one-bedroom and 16 two-bedroom apartments. The property was placed in service in 1991 and utilizes 4% Low-Income Housing Tax Credits to support affordability. Units are available for households meeting low-income eligibility requirements.
Property Details
Fair Market Rent - Huron 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 | $639 |
| 1 Bedroom | $717 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,101 |
| 4 Bedroom | $1,205 |
Income Limits - Huron 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 Bad Axe, MI?+
The Fair Market Rent (FMR) for Huron County, MI is: $639 (Studio), $717 (1BR), $905 (2BR), $1101 (3BR), $1205 (4BR). Actual rent at subsidized properties like The Woods is typically 30% of household income or less.
What size apartments are available at The Woods?+
The Woods offers the following unit types: 16 One-Bedroom, 16 Two-Bedroom units, for a total of 32 units.
What is the price range for apartments in Bad Axe, MI?+
Based on Fair Market Rent for Huron County, the estimated price range is: 1-bedroom: $717, 2-bedroom: $905. Actual rent at The Woods may be lower for income-eligible households.
How do I apply for housing at The Woods?+
The Woods 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 Huron County, MI?+
For a 4-person household in Huron 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 The Woods?+
The Woods is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.