Woodbridge Estates Senior
1300 Martin Luther King Jr Boulevard
Detroit, Wayne County, Michigan 48201

Call (855) 598-3283, enter extension 59766, then hit #.

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Funding Programs

Woodbridge Estates senior 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 2003. The property was placed in service in 2005. 100 of 100 units at Woodbridge Estates senior 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.

Overview

Woodbridge Estates senior 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).

Woodbridge Estates senior is an apartment community containing 100 rental units. This property serves seniors. The property contains 102 bedrooms and based on typical apartment occupancy limits, Woodbridge Estates senior is home to not more than 155 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

Woodbridge Estates senior contains a mix of 100 assisted one and two bedroom apartments for rent. There are 98 One Bedroom and 2 Two Bedroom apartments in this property. The unit mix is 98% One Bedroom and 2% Two Bedroom apartment rentals. The average bedroom size for Woodbridge Estates senior is 1.02.

Michigan's 14th

Congressional District

100

Total Units

100

Tax Credit Units

100

Senior Units

One and Two

Unit Mix

1.02

Average Bedroom Size

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