About This Property
Granite Club Acres Phase I offers 11 low-income units in Midland, Michigan, with a mix of five 2-bedroom and six 3-bedroom apartments. The property has been in service since 2002 and participates in the 9% Low-Income Housing Tax Credit program. Midland County residents seeking affordable rental housing can inquire about availability at this community.
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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Midland, 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 Granite Club Acres Phase I is typically 30% of household income or less.
What size apartments are available at Granite Club Acres Phase I?+
Granite Club Acres Phase I offers the following unit types: 5 Two-Bedroom, 6 Three-Bedroom units, for a total of 11 units.
What is the price range for apartments in Midland, MI?+
Based on Fair Market Rent for Midland County, the estimated price range is: 2-bedroom: $1074, 3-bedroom: $1409. Actual rent at Granite Club Acres Phase I may be lower for income-eligible households.
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 Granite Club Acres Phase I?+
Granite Club Acres Phase I is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Granite Club Acres Phase I?+
Granite Club Acres Phase I 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.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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