Heritage Place at Magnolia for Seniors

3701 15th Street
Detroit, Michigan

Message Heritage Place at Magnolia for Seniors

Units

Unit (Bd/Ba)Ft2Rent
One Bedroom (1/1)1Br./1Ba.612 $816Message
Two Bedroom (2/1)2Br./1Ba.820 $979Message

About Heritage Place at Magnolia for Seniors

Heritage Place at Magnolia is an affordable housing community for Seniors in Detroit, MI. Our amenities include a hair salon, library, fitness room, and a laundry room on all floors. Please call our site manager for more information.


Heritage Place at Magnolia for Seniors is a 88 unit affordable housing community in Detroit, Michigan. The community is located in the 13th Congressional District of Michigan.

Property Amenities

  • Community Room
  • Library
  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Downtown District
  • Close to Shopping

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.

Accepts Housing Choice Vouchers

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

Heritage Place at Magnolia for Seniors was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

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 Interstate Realty Management
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