About This Property
Coleman Apts Phase II contains 11 low-income units in Coleman, Michigan, with a mix of five 2-bedroom and six 3-bedroom apartments. The property was placed in service in 2008 and serves families through 9% LIHTC financing. Units at this Midland County property are available to qualifying low-income households.
Property Details
Fair Market Rent - Midland 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 | $814 |
| 1 Bedroom | $820 |
| 2 Bedroom | $1,074 |
| 3 Bedroom | $1,409 |
| 4 Bedroom | $1,439 |
Income Limits - Midland County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,100
- Very Low (50%)
- $26,800
- Low (80%)
- $42,850
- Extremely Low (30%)
- $18,400
- Very Low (50%)
- $30,600
- Low (80%)
- $49,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,450
- Low (80%)
- $55,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,250
- Low (80%)
- $61,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,350
- Low (80%)
- $66,100
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,400
- Low (80%)
- $71,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $50,500
- Low (80%)
- $80,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,100 | $26,800 | $42,850 |
| 2 Persons | $18,400 | $30,600 | $49,000 |
| 3 Persons | $21,960 | $34,450 | $55,100 |
| 4 Persons | $26,500 | $38,250 | $61,200 |
| 5 Persons | $31,040 | $41,350 | $66,100 |
| 6 Persons | $35,580 | $44,400 | $71,000 |
| 7 Persons | $40,120 | $47,450 | $75,900 |
| 8 Persons | $44,660 | $50,500 | $80,800 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Coleman, MI?+
The Fair Market Rent (FMR) for Midland County, MI is: $814 (Studio), $820 (1BR), $1074 (2BR), $1409 (3BR), $1439 (4BR). Actual rent at subsidized properties like Coleman Apts Phase Ii is typically 30% of household income or less.
What size apartments are available at Coleman Apts Phase Ii?+
Coleman Apts Phase Ii offers the following unit types: 5 Two-Bedroom, 6 Three-Bedroom units, for a total of 11 units.
What are the income limits for affordable housing in Midland County, MI?+
For a 4-person household in Midland County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,250, Low Income (80% AMI): $61,200. These limits are set by HUD and updated annually.
Who manages Coleman Apts Phase Ii?+
Coleman Apts Phase Ii is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Coleman, MI?+
Based on Fair Market Rent for Midland County, the estimated price range is: 2-bedroom: $1074, 3-bedroom: $1409. Actual rent at Coleman Apts Phase Ii may be lower for income-eligible households.
How do I apply for housing at Coleman Apts Phase Ii?+
Coleman Apts Phase 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 is eligible to live at Coleman Apts Phase Ii?+
Coleman Apts Phase Ii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.