About This Property
Lakeshore Village II comprises 96 low-income rental units in Howell, Michigan, with a unit mix of 32 one-bedroom, 52 two-bedroom, and 12 three-bedroom apartments. The property was placed in service in 2000 and is financed through tax-exempt bonds with 4% Low-Income Housing Tax Credits. The community serves households meeting income eligibility requirements for affordable housing.
Property Details
Fair Market Rent - Livingston 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 | $1,155 |
| 2 Bedroom | $1,358 |
| 3 Bedroom | $1,864 |
| 4 Bedroom | $2,069 |
Income Limits - Livingston County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $21,000
- Very Low (50%)
- $34,950
- Low (80%)
- $55,900
- Extremely Low (30%)
- $24,000
- Very Low (50%)
- $39,950
- Low (80%)
- $63,900
- Extremely Low (30%)
- $27,000
- Very Low (50%)
- $44,950
- Low (80%)
- $71,900
- Extremely Low (30%)
- $29,950
- Very Low (50%)
- $49,900
- Low (80%)
- $79,850
- Extremely Low (30%)
- $32,350
- Very Low (50%)
- $53,900
- Low (80%)
- $86,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $57,900
- Low (80%)
- $92,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $61,900
- Low (80%)
- $99,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $65,900
- Low (80%)
- $105,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $21,000 | $34,950 | $55,900 |
| 2 Persons | $24,000 | $39,950 | $63,900 |
| 3 Persons | $27,000 | $44,950 | $71,900 |
| 4 Persons | $29,950 | $49,900 | $79,850 |
| 5 Persons | $32,350 | $53,900 | $86,250 |
| 6 Persons | $35,580 | $57,900 | $92,650 |
| 7 Persons | $40,120 | $61,900 | $99,050 |
| 8 Persons | $44,660 | $65,900 | $105,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Howell, MI?+
The Fair Market Rent (FMR) for Livingston County, MI is: $920 (Studio), $1155 (1BR), $1358 (2BR), $1864 (3BR), $2069 (4BR). Actual rent at subsidized properties like Lakeshore Village Ii is typically 30% of household income or less.
What size apartments are available at Lakeshore Village Ii?+
Lakeshore Village Ii offers the following unit types: 32 One-Bedroom, 52 Two-Bedroom, 12 Three-Bedroom units, for a total of 96 units.
How do I apply for housing at Lakeshore Village Ii?+
Lakeshore Village Ii 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.
Who manages Lakeshore Village Ii?+
Lakeshore Village Ii is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Livingston County, MI?+
For a 4-person household in Livingston County, MI, the income limits are: Extremely Low Income (30% AMI): $29,950, Very Low Income (50% AMI): $49,900, Low Income (80% AMI): $79,850. These limits are set by HUD and updated annually.
What is the price range for apartments in Howell, MI?+
Based on Fair Market Rent for Livingston County, the estimated price range is: 1-bedroom: $1155, 2-bedroom: $1358, 3-bedroom: $1864. Actual rent at Lakeshore Village Ii may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.