About This Property
Green Meadows of Gaylord contains 48 low-income rental units in Gaylord, Michigan, serving families and disabled individuals. The property offers a mix of one-bedroom, two-bedroom, and three-bedroom units, with 8, 24, and 16 units respectively. Placed in service in 2003, the community receives funding through HOME programs and tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Otsego 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 | $702 |
| 1 Bedroom | $764 |
| 2 Bedroom | $1,004 |
| 3 Bedroom | $1,347 |
| 4 Bedroom | $1,546 |
Income Limits - Otsego 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 Gaylord, MI?+
The Fair Market Rent (FMR) for Otsego County, MI is: $702 (Studio), $764 (1BR), $1004 (2BR), $1347 (3BR), $1546 (4BR). Actual rent at subsidized properties like Green Meadows of Gaylord is typically 30% of household income or less.
What size apartments are available at Green Meadows of Gaylord?+
Green Meadows of Gaylord offers the following unit types: 8 One-Bedroom, 24 Two-Bedroom, 16 Three-Bedroom units, for a total of 48 units.
Who is eligible to live at Green Meadows of Gaylord?+
Green Meadows of Gaylord primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Green Meadows of Gaylord?+
Green Meadows of Gaylord is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Otsego County, MI?+
For a 4-person household in Otsego 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 Gaylord, MI?+
Based on Fair Market Rent for Otsego County, the estimated price range is: 1-bedroom: $764, 2-bedroom: $1004, 3-bedroom: $1347. Actual rent at Green Meadows of Gaylord may be lower for income-eligible households.
How do I apply for housing at Green Meadows of Gaylord?+
Green Meadows of Gaylord 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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