18966 16 Mile Rd, Big Rapids, MI 49307
Waiting List Forecast: Likely Short or None
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $523 - 715 per Month† | 1 - 3 Beds | 1 - 1.5 Bath | 728 - 1,288 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. 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.
Ryan Creek Apartments are located on 16 Mile Road across from the Career Center. It's close to town but set in a country setting that gives you a quiet place to escape the town environment. It is a tax credit property with income brackets and student status restrictions. Move into your home furnished with washers & dryers, electric oven, refrigerator, garbage disposal, and your trash removal, water, and sewer sanitation are included. You will enjoy our professional landscape, 24 hour management and maintenance service. Our play area for children includes full basketball court, volleyball court, and soccer field. Public buses come to the site as well as public school buses. Enjoy community events, ample parking, and a place you can call home.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Ryan Creek Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | 728ft2 | $523† |
| Two Bedrooms (2/1) | 896ft2 | $620† |
| Three Bedroom Town Home (3/1.5) | 1288ft2 | $715† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year | $40,900 / year | $43,950 / year |
| 50% AMI for PBRA Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year | $40,900 / year | $43,950 / year |
| 60% AMI for LIHTC Units | $31,800 / year | $36,360 / year | $40,920 / year | $45,420 / year | $49,080 / year | $52,740 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Ryan Creek Apartments have a waiting list?
Ryan Creek Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Ryan Creek Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Ryan Creek Apartments?
Ryan Creek Apartments is managed by GLD Management Company headquartered in Midland, Michigan.
In addition to Ryan Creek Apartments, how many other affordable housing properties (and units) are there in Big Rapids?
In addition to Ryan Creek Apartments, we list 16 other affordable properties in Big Rapids. Learn about these properties here. Our data research shows that there are a total of 726 affordable units in Big Rapids.
1304 Catherine Street, Big Rapids, Michigan 49307
715 Water Tower Rd, Big Rapids, Michigan 49307
19500 14 Mile Rd, Big Rapids, Michigan 49307
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