About This Property
Mystic Grove Apts consists of 24 one-bedroom units in Colon, Michigan, with 23 units designated as low-income housing. The property has been in service since 1992 and utilizes 4% Low-Income Housing Tax Credit financing. This St. Joseph County community provides rental housing options for eligible residents.
Property Details
Fair Market Rent - St. Joseph 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 | $646 |
| 1 Bedroom | $712 |
| 2 Bedroom | $924 |
| 3 Bedroom | $1,277 |
| 4 Bedroom | $1,339 |
Income Limits - St. Joseph 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 Colon, MI?+
The Fair Market Rent (FMR) for St. Joseph County, MI is: $646 (Studio), $712 (1BR), $924 (2BR), $1277 (3BR), $1339 (4BR). Actual rent at subsidized properties like Mystic Grove Apts is typically 30% of household income or less.
What size apartments are available at Mystic Grove Apts?+
Mystic Grove Apts offers the following unit types: 24 One-Bedroom units, for a total of 24 units.
How do I apply for housing at Mystic Grove Apts?+
Mystic Grove 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 are the income limits for affordable housing in St. Joseph County, MI?+
For a 4-person household in St. Joseph 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 Colon, MI?+
Based on Fair Market Rent for St. Joseph County, the estimated price range is: 1-bedroom: $712. Actual rent at Mystic Grove Apts may be lower for income-eligible households.
Who manages Mystic Grove Apts?+
Mystic Grove Apts is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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