About This Property
Village At Lexington the Adrian comprises 12 four-bedroom units designated for low-income families in Adrian, Michigan. The property has been in service since 2004 and receives 9% Low-Income Housing Tax Credit financing. Management and leasing information is available upon inquiry.
Property Details
Fair Market Rent - Lenawee 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 | $729 |
| 1 Bedroom | $809 |
| 2 Bedroom | $1,023 |
| 3 Bedroom | $1,355 |
| 4 Bedroom | $1,546 |
Income Limits - Lenawee County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,150
- Very Low (50%)
- $23,550
- Low (80%)
- $37,650
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,900
- Low (80%)
- $43,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,250
- Low (80%)
- $48,400
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,600
- Low (80%)
- $53,750
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,300
- Low (80%)
- $58,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,000
- Low (80%)
- $62,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $41,700
- Low (80%)
- $66,650
- Extremely Low (30%)
- $44,400
- Very Low (50%)
- $44,400
- Low (80%)
- $70,950
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,150 | $23,550 | $37,650 |
| 2 Persons | $17,420 | $26,900 | $43,000 |
| 3 Persons | $21,960 | $30,250 | $48,400 |
| 4 Persons | $26,500 | $33,600 | $53,750 |
| 5 Persons | $31,040 | $36,300 | $58,050 |
| 6 Persons | $35,580 | $39,000 | $62,350 |
| 7 Persons | $40,120 | $41,700 | $66,650 |
| 8 Persons | $44,400 | $44,400 | $70,950 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Adrian, MI?+
The Fair Market Rent (FMR) for Lenawee County, MI is: $729 (Studio), $809 (1BR), $1023 (2BR), $1355 (3BR), $1546 (4BR). Actual rent at subsidized properties like Village At Lexington the Adrian is typically 30% of household income or less.
What size apartments are available at Village At Lexington the Adrian?+
Village At Lexington the Adrian offers the following unit types: 12 Four-Bedroom units, for a total of 12 units.
Who is eligible to live at Village At Lexington the Adrian?+
Village At Lexington the Adrian primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Village At Lexington the Adrian?+
Village At Lexington the Adrian 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 Lenawee County, MI?+
For a 4-person household in Lenawee County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,600, Low Income (80% AMI): $53,750. These limits are set by HUD and updated annually.
Who manages Village At Lexington the Adrian?+
Village At Lexington the Adrian is managed by . You can reach them at . Visit their website for more information.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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