About This Property
Peachtree Village offers 20 low-income units in Fremont, MI, comprising twelve 1-bedroom and eight 2-bedroom apartments. The property has been in service since 1991 and is financed through 4% LIHTC credits. Prospective residents can contact the management office for availability and application information.
Property Details
Fair Market Rent - Newaygo 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 | $630 |
| 1 Bedroom | $708 |
| 2 Bedroom | $930 |
| 3 Bedroom | $1,211 |
| 4 Bedroom | $1,295 |
Income Limits - Newaygo County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fremont, MI?+
The Fair Market Rent (FMR) for Newaygo County, MI is: $630 (Studio), $708 (1BR), $930 (2BR), $1211 (3BR), $1295 (4BR). Actual rent at subsidized properties like Peachtree Village is typically 30% of household income or less.
What size apartments are available at Peachtree Village?+
Peachtree Village offers the following unit types: 12 One-Bedroom, 8 Two-Bedroom units, for a total of 20 units.
What is the price range for apartments in Fremont, MI?+
Based on Fair Market Rent for Newaygo County, the estimated price range is: 1-bedroom: $708, 2-bedroom: $930. Actual rent at Peachtree Village may be lower for income-eligible households.
How do I apply for housing at Peachtree Village?+
Peachtree Village 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 Newaygo County, MI?+
For a 4-person household in Newaygo County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
Who manages Peachtree Village?+
Peachtree Village is managed by . You can reach them at . Visit their website for more information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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