About This Property
Houghton Lake Apts comprises 24 low-income units in Houghton Lake, Michigan, consisting of twelve 1-bedroom and twelve 2-bedroom apartments. The property has been in service since 2005 and is financed through 4% Low-Income Housing Tax Credits. The community serves families seeking affordable housing in Roscommon County.
Property Details
Fair Market Rent - Roscommon 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,182 |
| 4 Bedroom | $1,312 |
Income Limits - Roscommon 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 Houghton Lake, MI?+
The Fair Market Rent (FMR) for Roscommon County, MI is: $684 (Studio), $689 (1BR), $905 (2BR), $1182 (3BR), $1312 (4BR). Actual rent at subsidized properties like Houghton Lake Apts is typically 30% of household income or less.
What size apartments are available at Houghton Lake Apts?+
Houghton Lake Apts offers the following unit types: 12 One-Bedroom, 12 Two-Bedroom units, for a total of 24 units.
Who manages Houghton Lake Apts?+
Houghton Lake Apts is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Houghton Lake Apts?+
Houghton Lake Apts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Roscommon County, MI?+
For a 4-person household in Roscommon 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.
How do I apply for housing at Houghton Lake Apts?+
Houghton Lake Apts 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 is the price range for apartments in Houghton Lake, MI?+
Based on Fair Market Rent for Roscommon County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905. Actual rent at Houghton Lake Apts may be lower for income-eligible households.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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