180 S Colony Dr, Saginaw, MI 48638
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Claudia Jones, Colleen Carter| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 531 - 656 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Life Just Got Better!
Senior portion of South Colony has immediate occupancy, this doesn't happen often so take advantage of this opportunity today. Rent is based on 30% of income for all residents, deductions to income based on medical expenses make the rent even more affordable. Come visit us today!
Since South Colony Place Seniors participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 531ft2 | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | 656ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,900 / year | $19,720 / year | $24,860 / year | $30,000 / year |
| 50% AMI for LIHTC Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year |
| 50% AMI for PBRA Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year |
| 80% AMI for PBRA Units | $42,400 / year | $48,450 / year | $54,500 / year | $60,550 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does South Colony Place Seniors have a waiting list?
South Colony Place Seniors probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at South Colony Place Seniors?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges South Colony Place Seniors?
South Colony Place Seniors is managed by The Associated Management Company headquartered in Livonia, MI.
In addition to South Colony Place Seniors, how many other affordable housing properties (and units) are there in Saginaw?
In addition to South Colony Place Seniors, we list 30 other affordable properties in Saginaw. Learn about these properties here. Our data research shows that there are a total of 2912 affordable units in Saginaw.
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Karan King says:
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