About This Property
The Lofts offers 55 low-income apartments in Grand Rapids, featuring 20 one-bedroom and 35 two-bedroom units. The property has been in service since 1998 and utilizes 9% Low-Income Housing Tax Credits. For more information, contact the property management office.
Waitlist Information
Waitlist managed by Grand Rapids Housing Commission
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.
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.
Waitlist data provided by section8waitlist.org
Updated October 2, 2026
Property Details
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.
- Extremely Low (30%)
- $16,800
- Very Low (50%)
- $28,000
- Low (80%)
- $44,800
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,000
- Low (80%)
- $57,600
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,200
- Low (80%)
- $69,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,600
- Low (80%)
- $79,400
- 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 |
Advertisement
Tax Credit Program Details
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 The Lofts is typically 30% of household income or less.
What size apartments are available at The Lofts?+
The Lofts offers the following unit types: 20 One-Bedroom, 35 Two-Bedroom units, for a total of 55 units.
What is the price range for apartments in Grand Rapids, MI?+
Based on Fair Market Rent for Kent County, the estimated price range is: 1-bedroom: $1142, 2-bedroom: $1369. Actual rent at The Lofts may be lower for income-eligible households.
How do I apply for housing at The Lofts?+
The Lofts 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.
Is there a waitlist for The Lofts?+
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.
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 manages The Lofts?+
The Lofts is managed by . You can reach them at .
Walk Score
Walker's Paradise
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near The Lofts
Division Park Avenue Apts
Grand Rapids, MI
30 UnitsWeston Apts
Grand Rapids, MI
190 UnitsVerne Barry Place
Grand Rapids, MI
116 Units20 Fulton Street East Ii Apartments
Grand Rapids, MI
22 Units205 South Division Avenue Apts
Grand Rapids, MI
30 Units20 Fulton Street East Apartments
Grand Rapids, MI
23 Units