Income Restricted Housing Grand Rapids

Under his direction the number of affordable housing units available to low income households in greater grand rapids has grown from 818 to 4 580.

Income restricted housing grand rapids. Live downtown is a developer of at least 10 properties in grand rapids many of which received tax credits to provide low income housing in places like the heartside neighborhood. Grand rapids mi 49504. See if it s available now. West grand 745 stocking ave nw grand rapids mi 49504 usa.

45 72 of households in grand rapids are renters. The median gross income for households in grand rapids is 40 355 a year or 3 363 a. The current residential density bonuses are incentives available to mixed income housing projects. Fair housing equal opportunity.

Income restricted housing in grand rapids mi if you need income restricted housing apartment finder takes the guesswork and stress out of the search process helping you locate the perfect place at the right price. Many things in life are expensive but finding a good place to live shouldn t be one of them. There are 73 026 households in the city with an average household size of 2 54 persons. Households must earn either less than 50 or 60 of the area median income depending on the set aside option chosen by the property owner to qualify for these units.

Called the city of grand rapids affordable housing fund the fund. Since this property has received funding in part through the low income housing tax credit lihtc program a certain number of units are set aside for lower income households. Genesis non profit housing corporation wants to renovate and expand a 1930s ear funeral home in grand rapids into a 38 unit affordable housing development. Interested in seven45 stocking.

Only rent restricted units within a development that s actually occupied by low income tenants should calculate net shelter rent. Some apartments listed here will require prospective residents to meet income eligibility requirements and other guidelines specific to a housing authority and other properties will be. Renting a subsidized or section 8 apartment is the best way to find affordable housing in grand rapids. See other units for rent.

The low income housing tax. Low income housing and subsidized apartments in grand rapids mi below is the listing of 31 affordable apartments and low income housing in grand rapids mi. Low income housing apartments for rent in grand rapids mi. Grand rapids is a city in kent county michigan with a population of 192 416.

This represents a 460 percent increase in the number of affordable units the housing commission makes available to low income families seniors and people with disabilities.