About This Property
Sable Pointe comprises 20 low-income residential units in Mears, Michigan, with a mix of five 1-bedroom and fifteen 2-bedroom apartments. The property has been in service since 1992 and is financed through 4% Low-Income Housing Tax Credits. Property management inquiries can be directed to the contact information available through the listing.
Property Details
Fair Market Rent - Oceana 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 | $662 |
| 1 Bedroom | $704 |
| 2 Bedroom | $925 |
| 3 Bedroom | $1,119 |
| 4 Bedroom | $1,437 |
Income Limits - Oceana 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 Mears, MI?+
The Fair Market Rent (FMR) for Oceana County, MI is: $662 (Studio), $704 (1BR), $925 (2BR), $1119 (3BR), $1437 (4BR). Actual rent at subsidized properties like Sable Pointe is typically 30% of household income or less.
What size apartments are available at Sable Pointe?+
Sable Pointe offers the following unit types: 5 One-Bedroom, 15 Two-Bedroom units, for a total of 20 units.
What are the income limits for affordable housing in Oceana County, MI?+
For a 4-person household in Oceana 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.
What is the price range for apartments in Mears, MI?+
Based on Fair Market Rent for Oceana County, the estimated price range is: 1-bedroom: $704, 2-bedroom: $925. Actual rent at Sable Pointe may be lower for income-eligible households.
Who manages Sable Pointe?+
Sable Pointe is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Sable Pointe?+
Sable Pointe 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
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