Delray Senior Housing
275 W Grand Boulevard
Detroit, Wayne County, Michigan 48216

Call (855) 598-3283, enter extension 59697, then hit #.

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Funding Programs

Delray Senior Housing was developed and operates with Federal housing financing. The property utilizes 3 Federal housing programs to make rent affordable to lower income tenants. These programs are Low Income Housing Tax Credit, HOME, and Community Development Block Grant.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2002. The property was placed in service in 2004. 72 of 73 units at Delray Senior Housing are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract qualifying it for additional tax credit financing.

HOME Investment Partnership

The property was financed in part with financing through the Federal HOME Investment Partnership Program. 72 of the 73 total units at Delray Senior Housing are assisted under the HOME program.

Community Development Block Grant

The property was financed with partial financing through the Federal Community Development Block Grant Program (CDBG) which provides general funding to local governments to help create affordable housing and economic development opportunities. Delray Senior Housing received $0 ($0 per unit) of financing through the CDBG Program.

Overview

Delray Senior Housing is an affordable apartment community located in Detroit, Michigan which is located in Wayne County. The property is located in Michigan's 14th Congressional District served by Representative Brenda Lawrence (D), Senator Gary Peters (D) and Senator Debbie Stabenow (D).

Delray Senior Housing is an apartment community containing 73 rental units. This property serves seniors. The property contains 80 bedrooms and based on typical apartment occupancy limits, Delray Senior Housing is home to not more than 127 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Delray Senior Housing contains a mix of 73 assisted one and two bedroom apartments for rent. There are 66 One Bedroom and 7 Two Bedroom apartments in this property. The unit mix is 90% One Bedroom and 10% Two Bedroom apartment rentals. The average bedroom size for Delray Senior Housing is 1.1.

Michigan's 14th

Congressional District

73

Total Units

72

Tax Credit Units

72

CDBG Units

72

HOME Units

72

Senior Units

One and Two

Unit Mix

1.1

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data