About This Property
Village At Lexington offers 12 four-bedroom units designated for low-income families in Adrian, Michigan. The property has been in service since 2004 and is financed through 9% Low-Income Housing Tax Credits. All units at this Lenawee County property serve families seeking affordable housing options.
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.
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 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 .
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.
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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