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.
|One Bedroom (1/1)||728||$523|
|Two Bedrooms (2/1)||896||$620|
|Three Bedroom Town Home (3/1.5)||1288||$715|
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Big Rapids but actual income limits may differ for units at Ryan Creek Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$25,050||$28,600||$32,200||$35,750||$38,650||$41,500||$44,350||$47,200|
|Low Income (60%)||$30,060||$34,320||$38,640||$42,900||$46,380||$49,800||$53,220||$56,640|
Ryan Creek Apartments is managed by GLD Management Company.