Low Income (LIHTC)Waitlist Open

240 Ionia Avenue Apts

240 Ionia Ave SW, Grand Rapids, MI, 49503

Information verified October 2, 2026·We re-check waiting list status daily

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About This Property

240 Ionia Avenue Apts provides 40 affordable units in Grand Rapids and serves families, elderly, disabled, and homeless populations. The property has been in service since 2014 and utilizes 9% Low-Income Housing Tax Credits to maintain affordability. Prospective residents can contact the property management for application information and availability.

Waitlist Information

Waitlist managed by Grand Rapids Housing Commission

Public Housing Waitlist

Open

Apply: Online via GRHC Applicant Portal

Preferences include being displaced by government action, fire, lead paint, natural disaster, or similar circumstance; living in Grand Rapids city limits; requesting a barrier-free unit; and being a Veteran or widow of a veteran with honorable discharge.

Last verified September 26, 2026

Section 8 (HCV) Waitlist

Opening Soon

Opens October 22, 2026

Closed October 26, 2026

Apply: Online

The HCV waiting list will open for new applicants for a short period. 5,000 households will be added through a random selection process, with no advantage for early application. Preferences are given to Veterans, Kent County residents, and Ottawa County residents. A phone helpline will be available for technical assistance during the application period.

Last verified February 18, 2026

Waitlist data provided by section8waitlist.org

Updated October 2, 2026

Property Details

Total Units

Fair Market Rent - Kent 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	$1,093
1 Bedroom	$1,142
2 Bedroom	$1,369
3 Bedroom	$1,785
4 Bedroom	$1,963

Income Limits - Kent County, MI

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

1 Person

Extremely Low (30%): $16,800
Very Low (50%): $28,000
Low (80%): $44,800

2 Persons

Extremely Low (30%): $19,200
Very Low (50%): $32,000
Low (80%): $51,200

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $36,000
Low (80%): $57,600

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $40,000
Low (80%): $64,000

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $43,200
Low (80%): $69,150

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $46,400
Low (80%): $74,250

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $49,600
Low (80%): $79,400

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $52,800
Low (80%): $84,500

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$16,800	$28,000	$44,800
2 Persons	$19,200	$32,000	$51,200
3 Persons	$21,960	$36,000	$57,600
4 Persons	$26,500	$40,000	$64,000
5 Persons	$31,040	$43,200	$69,150
6 Persons	$35,580	$46,400	$74,250
7 Persons	$40,120	$49,600	$79,400
8 Persons	$44,660	$52,800	$84,500

Tax Credit Program Details

Year Placed in Service

2014

LIHTC Credit Type

Low-Income Units

0 / 40

Target Population

FamiliesElderlyDisabledHomelessUNSPECIFIED

Designations

Qualified Census Tract

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Kent County, MI is: $1093 (Studio), $1142 (1BR), $1369 (2BR), $1785 (3BR), $1963 (4BR). Actual rent at subsidized properties like 240 Ionia Avenue Apts is typically 30% of household income or less.

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

For a 4-person household in Kent County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,000, Low Income (80% AMI): $64,000. These limits are set by HUD and updated annually.

Who is eligible to live at 240 Ionia Avenue Apts?+

240 Ionia Avenue Apts primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals, UNSPECIFIED. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Is there a waitlist for 240 Ionia Avenue Apts?+

Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Opening Soon and is expected to open for applications soon. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages 240 Ionia Avenue Apts?+

240 Ionia Avenue Apts is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at 240 Ionia Avenue Apts?+

240 Ionia Avenue 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.

Begin Application Now