About This Property
Showboat Manor comprises 26 one-bedroom units in Chesaning, Michigan, with 25 units designated for low-income households. The property was placed in service in 1993 and utilizes 4% Low-Income Housing Tax Credit financing. A professional management company oversees daily operations and tenant services.
Property Details
Fair Market Rent - Saginaw 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 | $681 |
| 1 Bedroom | $764 |
| 2 Bedroom | $1,004 |
| 3 Bedroom | $1,295 |
| 4 Bedroom | $1,337 |
Income Limits - Saginaw 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 Chesaning, MI?+
The Fair Market Rent (FMR) for Saginaw County, MI is: $681 (Studio), $764 (1BR), $1004 (2BR), $1295 (3BR), $1337 (4BR). Actual rent at subsidized properties like Showboat Manor is typically 30% of household income or less.
What size apartments are available at Showboat Manor?+
Showboat Manor offers the following unit types: 26 One-Bedroom units, for a total of 26 units.
What are the income limits for affordable housing in Saginaw County, MI?+
For a 4-person household in Saginaw 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 Showboat Manor?+
Showboat Manor is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Chesaning, MI?+
Based on Fair Market Rent for Saginaw County, the estimated price range is: 1-bedroom: $764. Actual rent at Showboat Manor may be lower for income-eligible households.
How do I apply for housing at Showboat Manor?+
Showboat Manor 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.