Nottingham Apartments

391 Mill St, Farwell, Michigan 48622

Nottingham Apartments, located at 391 Mill St in Farwell, MI has one and two bedroom apartments. Nottingham Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and Section 515 Rural Rental Housing programs.

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Message Nottingham Apartments

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 522 Call for Price
2 Bedroom (2/2) 668 Call for Price

Nottingham Apartments Details

  • 24 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Playground
  • BBQ and Picnic Area
  • 24hr Emergency Maintenance
  • High Speed Internet Access
  • Heat Included
  • On-Site Laundry

Unit Amenities

  • Air Conditioning
  • Oven and Range
  • Water Trash and Sewer Included
  • Cable & Internet Ready

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Farwell 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 Farwell but actual income limits may differ for units at Nottingham Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,050 $28,600 $32,200 $35,750 $38,650 $41,500 $44,350 $47,200
Low Income (60%) $30,060 $34,320 $38,640 $42,900 $46,380 $49,800 $53,220 $56,640

Nottingham Apartments is managed by GLD Management Company.