1001 May St, Charlevoix, MI 49720
Waiting List Forecast: Likely Short or None
Verified for 2020 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 4 Beds | 1 - 1.5 Bath | 650 - 1,368 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.
Nestled between Lake Michigan and Lake Charlevoix in the picturesque town of Charlevoix, Pine Cove offers beauty, peace and seclusion within walking distance to shopping, schools, restaurants, and beaches. Our spacious, affordable apartments are well-maintained and energy efficient. Our rents are based on income. We have 1, 2, 3, and 4 bedroom units. If you love the outdoors, then we are the place for you. We'll put you in the center of it all. Barrier Free units may be available. This institution is an equal opportunity provider.
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 Pine Cove & Charlevoix Apartments CO Housing Mgmt 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) | 650ft2 | Call for Price† |
| Two Bedrooms (2/1) | 750ft2 | Call for Price† |
| Three Bedrooms (3/1.5) | 1026ft2 | Call for Price† |
| Four Bedrooms (4/1.5) | 1368ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,200 / year | $33,400 / year | $37,550 / year | $41,700 / year | $45,050 / year | $48,400 / year | $51,750 / year | $55,050 / year |
| 50% AMI for PBRA Units | $29,200 / year | $33,400 / year | $37,550 / year | $41,700 / year | $45,050 / year | $48,400 / year | $51,750 / year | $55,050 / year |
| 60% AMI for LIHTC Units | $35,040 / year | $40,080 / year | $45,060 / year | $50,040 / year | $54,060 / year | $58,080 / year | $62,100 / year | $66,060 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pine Cove & Charlevoix Apartments CO Housing Mgmt have a waiting list?
Pine Cove & Charlevoix Apartments CO Housing Mgmt 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 Pine Cove & Charlevoix Apartments CO Housing Mgmt?
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 Pine Cove & Charlevoix Apartments CO Housing Mgmt?
Pine Cove & Charlevoix Apartments CO Housing Mgmt is managed by KMG Prestige headquartered in Lansing, Michigan.
In addition to Pine Cove & Charlevoix Apartments CO Housing Mgmt, how many other affordable housing properties (and units) are there in Charlevoix?
In addition to Pine Cove & Charlevoix Apartments CO Housing Mgmt, we list 5 other affordable properties in Charlevoix. Learn about these properties here. Our data research shows that there are a total of 209 affordable units in Charlevoix.
Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Karen Grim says:
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