About This Property
Cambridge Court Phase I consists of 28 units in Imlay City, Michigan, with 27 units designated for low-income households. The property includes 24 one-bedroom and 4 two-bedroom apartments and has been in service since 1999. This development is financed through 4% Low-Income Housing Tax Credits.
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.
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 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 Cambridge Court Phase I (Imlay City)?+
Cambridge Court Phase I (Imlay City) is managed by . You can reach them at .
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.
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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.