Low Income (LIHTC)

Mill Park Townhomes Phase I

450 Haymac Dr, Parchment, MI, 49004

Information verified April 18, 2026·We re-check waiting list status daily

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About This Property

Mill Park Townhomes Phase I comprises 40 townhome units in Parchment, Michigan, with 8 units designated for low-income households. The property was placed in service in 1988 and is financed through tax-exempt bonds. Management and additional information are available through direct inquiry.

Property Details

Total Units

Fair Market Rent - Kalamazoo 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	$724
1 Bedroom	$878
2 Bedroom	$1,057
3 Bedroom	$1,413
4 Bedroom	$1,484

Income Limits - Kalamazoo County, MI

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $16,250
Very Low (50%): $27,100
Low (80%): $43,350

2 Persons

Extremely Low (30%): $18,600
Very Low (50%): $31,000
Low (80%): $49,550

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $34,850
Low (80%): $55,750

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $38,700
Low (80%): $61,900

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $41,800
Low (80%): $66,900

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $44,900
Low (80%): $71,850

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $48,000
Low (80%): $76,800

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $51,100
Low (80%): $81,750

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,250	$27,100	$43,350
2 Persons	$18,600	$31,000	$49,550
3 Persons	$21,960	$34,850	$55,750
4 Persons	$26,500	$38,700	$61,900
5 Persons	$31,040	$41,800	$66,900
6 Persons	$35,580	$44,900	$71,850
7 Persons	$40,120	$48,000	$76,800
8 Persons	$44,660	$51,100	$81,750

Tax Credit Program Details

Year Placed in Service

1988

Low-Income Units

8 / 40

Funding Programs

Tax-Exempt Bond

Frequently Asked Questions

What is the average rent for affordable housing in Parchment, MI?+

The Fair Market Rent (FMR) for Kalamazoo County, MI is: $724 (Studio), $878 (1BR), $1057 (2BR), $1413 (3BR), $1484 (4BR). Actual rent at subsidized properties like Mill Park Townhomes Phase I is typically 30% of household income or less.

What are the income limits for affordable housing in Kalamazoo County, MI?+

For a 4-person household in Kalamazoo County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,700, Low Income (80% AMI): $61,900. These limits are set by HUD and updated annually.

How do I apply for housing at Mill Park Townhomes Phase I?+

Mill Park Townhomes Phase I 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.

Who manages Mill Park Townhomes Phase I?+

Mill Park Townhomes Phase I is managed by . You can reach them at .

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