About This Property
Rivers Bluff Townhomes comprises 11 low-income units in Mt. Pleasant, MI, serving elderly residents. The property offers a mix of 10 two-bedroom and 1 three-bedroom townhomes and has been in service since 2005. The development is financed through 9% 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 |
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 Rivers Bluff Townhomes is typically 30% of household income or less.
What size apartments are available at Rivers Bluff Townhomes?+
Rivers Bluff Townhomes offers the following unit types: 10 Two-Bedroom, 1 Three-Bedroom units, for a total of 11 units.
Who manages Rivers Bluff Townhomes?+
Rivers Bluff Townhomes is managed by . You can reach them at . Visit their website for more information.
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.
How do I apply for housing at Rivers Bluff Townhomes?+
Rivers Bluff Townhomes 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.
Who is eligible to live at Rivers Bluff Townhomes?+
Rivers Bluff Townhomes primarily serves elderly residents. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Mt Pleasant, MI?+
Based on Fair Market Rent for Isabella County, the estimated price range is: 2-bedroom: $941, 3-bedroom: $1245. Actual rent at Rivers Bluff Townhomes may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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