Orchard Company
19888 Harned
Detroit, Wayne County, Michigan 48234

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Funding Programs

Orchard Company was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

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 1996. The property was placed in service in 1996. 3 of 3 units at Orchard Company are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

Overview

Orchard Company 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).

Orchard Company is an apartment community containing 3 rental units. The property contains 9 bedrooms and based on typical apartment occupancy limits, Orchard Company is home to not more than 18 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

Orchard Company contains a mix of 3 assisted three bedroom apartments for rent. There are 3 Three Bedroom apartments in this property. The unit mix is 100% Three Bedroom apartment rentals. The average bedroom size for Orchard Company is 3.

Michigan's 14th

Congressional District

3

Total Units

3

Tax Credit Units

Three

Unit Mix

3

Average Bedroom Size

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