About This Property
Riverside Townhouses offers 126 low-income units in Three Rivers, Michigan, with a mix of one, two, and three-bedroom floor plans serving families. The property has been in service since 2012 and is financed through 4% Low-Income Housing Tax Credits. The community provides 23 one-bedroom, 79 two-bedroom, and 24 three-bedroom townhomes.
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 Three Rivers, 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 Riverside Townhouses (Three Rivers) is typically 30% of household income or less.
What size apartments are available at Riverside Townhouses (Three Rivers)?+
Riverside Townhouses (Three Rivers) offers the following unit types: 23 One-Bedroom, 79 Two-Bedroom, 24 Three-Bedroom units, for a total of 126 units.
How do I apply for housing at Riverside Townhouses (Three Rivers)?+
Riverside Townhouses (Three Rivers) is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Who manages Riverside Townhouses (Three Rivers)?+
Riverside Townhouses (Three Rivers) is managed by . You can reach them at .
What is the price range for apartments in Three Rivers, MI?+
Based on Fair Market Rent for St. Joseph County, the estimated price range is: 1-bedroom: $712, 2-bedroom: $924, 3-bedroom: $1277. Actual rent at Riverside Townhouses (Three Rivers) may be lower for income-eligible households.
Who is eligible to live at Riverside Townhouses (Three Rivers)?+
Riverside Townhouses (Three Rivers) primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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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