Sharon Ann Apartments

533 N Main St , Chelsea, Michigan 48118

Sharon Ann Apartments, located at 533 N Main St in Chelsea, has one and two bedroom apartments. Sharon Ann Apartments participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 750 Call for Price
Two Bedroom (2/1) 1000 Call for Price

Sharon Ann Apartments Details

  • 17 one and two bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

About Sharon Ann Apartments

This apartment complex was newly unveiled in June of 2018!

Low-Income Housing Tax Credit (LIHTC)

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.