8330 On the River

8330 E. Jefferson , Detroit, Michigan 48214

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).

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Units

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

8330 On the River Details

  • 280 0 and 0 bedroom units.
  • Rental Assistance Payments (RAP)
  • Section 236
  • Low-Income Housing Tax Credit (LIHTC)

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 (RAP)

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 (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.

Detroit HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Detroit but actual income limits may differ for units at 8330 On the River.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $16,800 $19,200 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% $28,000 $32,000 $36,000 $40,000 $43,200 $46,400 $49,600 $52,800
80% $44,800 $51,200 $57,600 $64,000 $69,150 $74,250 $79,400 $84,500

Detroit Low-Income Housing Tax Credit Income Limits

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 Detroit but actual income limits may differ for units at 8330 On the River.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $28,000 $32,000 $36,000 $40,000 $43,200 $46,400 $49,600 $52,800
Low Income (60%) $33,600 $38,400 $43,200 $48,000 $51,840 $55,680 $59,520 $63,360

8330 On the River is managed by Preservation Housing Management .

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