About This Property
Oxford Row II provides 189 affordable housing units in Mt. Pleasant, Michigan, with 188 designated as low-income housing. The property offers a mix of 135 one-bedroom, 46 two-bedroom, and 8 three-bedroom units and serves families and elderly residents. Placed in service in 2006, the community is funded through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Isabella 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 | $810 |
| 1 Bedroom | $815 |
| 2 Bedroom | $941 |
| 3 Bedroom | $1,245 |
| 4 Bedroom | $1,253 |
Income Limits - Isabella 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 Mt Pleasant, MI?+
The Fair Market Rent (FMR) for Isabella County, MI is: $810 (Studio), $815 (1BR), $941 (2BR), $1245 (3BR), $1253 (4BR). Actual rent at subsidized properties like Oxford Row Ii is typically 30% of household income or less.
What size apartments are available at Oxford Row Ii?+
Oxford Row Ii offers the following unit types: 135 One-Bedroom, 46 Two-Bedroom, 8 Three-Bedroom units, for a total of 189 units.
How do I apply for housing at Oxford Row Ii?+
Oxford Row Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 is the price range for apartments in Mt Pleasant, MI?+
Based on Fair Market Rent for Isabella County, the estimated price range is: 1-bedroom: $815, 2-bedroom: $941, 3-bedroom: $1245. Actual rent at Oxford Row Ii may be lower for income-eligible households.
What are the income limits for affordable housing in Isabella County, MI?+
For a 4-person household in Isabella 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 is eligible to live at Oxford Row Ii?+
Oxford Row Ii primarily serves families, elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Oxford Row Ii?+
Oxford Row Ii is managed by . You can reach them at .
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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