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Message 8330 On the River

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom w/ Den (1/1) 1Br./1Ba. 554 $648 Message
One Bedroom (1/1) 1Br./1Ba. 737 Call for Price Message
Two Bedroom (2/1) 2Br./1Ba. 804 Call for Price Message

About 8330 On the River

8330 On The River is a high-rise building located on the banks of the Detroit River, and includes 280 apartments affordable to low-income elderly residents. The balconies at 8330 On The River offer beautiful views of the Detroit River out to Belle Isle, at a time when the city's waterfront is undergoing dramatic restoration. 8330 On The River offers many conveniences to its residents besides its central location near downtown: the 18-story property features a handsome lobby, community rooms and a beauty salon. Professional management services, including 24-hour emergency response, are offered by Preservation Housing Management (PHM).


8330 On the River is a 280 unit affordable housing community in Detroit, Michigan. The community is located in the 14th Congressional District of Michigan.

Property Amenities

  • Library
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping

Rental Assistance Payments

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

Low Income Housing Tax Credit

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

Project Based Rental Assistance Accepts Housing Choice Vouchers

Detroit HUD Rental Assistance Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $14,450 $16,500 $20,420 $24,600 $28,780 $32,960 $37,140 $41,320
50% $24,050 $27,450 $30,900 $34,300 $37,050 $39,800 $42,550 $45,300
80% $38,450 $43,950 $49,450 $54,900 $59,300 $63,700 $68,100 $72,500

Detroit Low Income Housing Tax Credit Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $24,050 $27,450 $30,900 $34,300 $37,050 $39,800 $42,550 $45,300
60% $28,860 $32,940 $37,080 $41,160 $44,460 $47,760 $51,060 $54,360

8330 On the River was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD's Project Based Section 8 program. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a Project Based Section 8 Program unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since 8330 On the River has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

Figuring out income and rent limits for affordable housing can be complex when more than one Federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Managed By Preservation Housing Management
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Call (866)-933-2293 ext. 332#

Message 8330 On the River