About This Property
Jps Perry is a 72-unit affordable housing community in Perry, Michigan that has been in service since 2014. The property includes 48 one-bedroom and 24 two-bedroom units designated for low-income residents, with 71 units serving families, elderly individuals, disabled persons, and formerly homeless households. The development is financed through 4% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Shiawassee 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 | $1,221 |
| 4 Bedroom | $1,278 |
Income Limits - Shiawassee County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,250
- Very Low (50%)
- $23,800
- Low (80%)
- $38,050
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $27,200
- Low (80%)
- $43,450
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $30,600
- Low (80%)
- $48,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $36,700
- Low (80%)
- $58,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $39,400
- Low (80%)
- $63,000
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $42,100
- Low (80%)
- $67,350
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $44,850
- Low (80%)
- $71,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,250 | $23,800 | $38,050 |
| 2 Persons | $17,420 | $27,200 | $43,450 |
| 3 Persons | $21,960 | $30,600 | $48,900 |
| 4 Persons | $26,500 | $33,950 | $54,300 |
| 5 Persons | $31,040 | $36,700 | $58,650 |
| 6 Persons | $35,580 | $39,400 | $63,000 |
| 7 Persons | $40,120 | $42,100 | $67,350 |
| 8 Persons | $44,660 | $44,850 | $71,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Perry, MI?+
The Fair Market Rent (FMR) for Shiawassee County, MI is: $684 (Studio), $689 (1BR), $905 (2BR), $1221 (3BR), $1278 (4BR). Actual rent at subsidized properties like Jps Perry is typically 30% of household income or less.
What size apartments are available at Jps Perry?+
Jps Perry offers the following unit types: 48 One-Bedroom, 24 Two-Bedroom units, for a total of 72 units.
Who manages Jps Perry?+
Jps Perry is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Jps Perry?+
Jps Perry 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 Perry, MI?+
Based on Fair Market Rent for Shiawassee County, the estimated price range is: 1-bedroom: $689, 2-bedroom: $905. Actual rent at Jps Perry may be lower for income-eligible households.
Who is eligible to live at Jps Perry?+
Jps Perry primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. 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 Shiawassee County, MI?+
For a 4-person household in Shiawassee County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $33,950, Low Income (80% AMI): $54,300. These limits are set by HUD and updated annually.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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