About This Property
Old Mill of Sand Lake Apts offers 16 low-income residential units in Sand Lake, Michigan, comprising eight one-bedroom and eight two-bedroom apartments. The property has been in service since 1987 and is funded through 4% Low-Income Housing Tax Credits. Interested parties can contact the property management for additional information.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Sand Lake, 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 Old Mill of Sand Lake Apts is typically 30% of household income or less.
What size apartments are available at Old Mill of Sand Lake Apts?+
Old Mill of Sand Lake Apts offers the following unit types: 8 One-Bedroom, 8 Two-Bedroom units, for a total of 16 units.
Who manages Old Mill of Sand Lake Apts?+
Old Mill of Sand Lake Apts is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Old Mill of Sand Lake Apts?+
Old Mill of Sand Lake 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.
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.
What is the price range for apartments in Sand Lake, MI?+
Based on Fair Market Rent for Kent County, the estimated price range is: 1-bedroom: $1142, 2-bedroom: $1369. Actual rent at Old Mill of Sand Lake Apts may be lower for income-eligible households.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Old Mill of Sand Lake Apts
Red Flannel
Cedar Springs, MI
47 UnitsTamarack Creek Apts
Howard City, MI
20 Units
Montcalm Housing Commission
Howard City, MI
358 UnitsMildred Houting
Sand Lake, MI
32 Units
Mulberry Estates
Howard City, MI
2 Units