About This Property
Cambridge Court Phase I contains 28 units of affordable housing in Imlay City, Michigan, with 27 designated as low-income units. The property offers a mix of 24 one-bedroom and four two-bedroom apartments and has been in service since 1999. This development utilizes 4% Low-Income Housing Tax Credits to support its affordable housing mission.
Property Details
Fair Market Rent - Lapeer 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 | $920 |
| 1 Bedroom | $1,019 |
| 2 Bedroom | $1,291 |
| 3 Bedroom | $1,595 |
| 4 Bedroom | $1,719 |
Income Limits - Lapeer 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 Imlay City, MI?+
The Fair Market Rent (FMR) for Lapeer County, MI is: $920 (Studio), $1019 (1BR), $1291 (2BR), $1595 (3BR), $1719 (4BR). Actual rent at subsidized properties like Cambridge Court Phase I Imlay City is typically 30% of household income or less.
What size apartments are available at Cambridge Court Phase I Imlay City?+
Cambridge Court Phase I Imlay City offers the following unit types: 24 One-Bedroom, 4 Two-Bedroom units, for a total of 28 units.
What are the income limits for affordable housing in Lapeer County, MI?+
For a 4-person household in Lapeer 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 Imlay City, MI?+
Based on Fair Market Rent for Lapeer County, the estimated price range is: 1-bedroom: $1019, 2-bedroom: $1291. Actual rent at Cambridge Court Phase I Imlay City may be lower for income-eligible households.
Who manages Cambridge Court Phase I Imlay City?+
Cambridge Court Phase I Imlay City is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Cambridge Court Phase I Imlay City?+
Cambridge Court Phase I Imlay City 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.
Contact Information
Walk Score
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Nearby Schools
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