Low Income Apartments In Fraser
Macomb County, Michigan


Waiting List Openings In Fraser

Waiting ListStatus
Michigan State Housing Development Authority Housing Choice Voucher Open Now

Low Income Apartments In Fraser

Fraser Woods

17195 Fraser Woods Dr
Fraser, MI
Subsidized

Hanover Grove

15750 Sabre lane
Fraser, MI
Subsidized
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There are 2 low income housing apartment complexes which contain 760 affordable apartments for rent in Fraser, Michigan. Many of these rental apartments are income based housing with about 760 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 760 Project-Based Section 8 subsidized apartments in Fraser. There are 0 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve Fraser

Housing Authority Programs
Detroit Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
Michigan State Housing Development Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-sufficiency; Section 8 Project-Based Voucher (PBV)
Plymouth Housing Commission Section 8 Housing Choice Voucher (HCV); Rental Assistance Demonstration (RAD); Family Self-sufficiency; Public Housing; Family Unification Program (FUP)
Ferndale Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
Eastpointe Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Fraser, Michigan

Fraser, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 760
Total Rent Assisted Apartments 760
Percentage of Housing Units Occupied By Renters 27.92%
Average Renter Household Size 1.84
Total Population 14,582
Housing Units 6,181
Average Household Size 2.33
Median Household Income $50,927 ±$1,906
Median Rent $695 ±$23
Percentage Of Renters Overburdened 40.15% ± 7.72pp

Population and Household Demographics

Fraser is a City in Macomb County, Michigan with a population of 14,582. There are 6,181 households in the city with an average household size of 2.33 persons. 27.92% of households in Fraser are renters.

Income and Rent Overburden in Fraser

The median gross income for households in Fraser is $50,927 a year, or $4,244 a month. The median rent for the city is $695 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fraser, a household making less than $2,317 a month would be considered overburdened when renting an apartment at or above the median rent. 40.15% of households who rent are overburdened in Fraser.1

Area Median Income In Fraser

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Fraser, the AMI is calculated from all households within Macomb County.

In Fraser, HUD calculates the Area Median Income for a family of four as $76,300

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Fraser

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Fraser HUD Rental Assistance in Fraser

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,050 $18,350 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
80% of Median $42,750 $48,850 $54,950 $61,050 $65,950 $70,850 $75,750 $80,600

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Fraser

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
60% of Median $32,100 $36,660 $41,220 $45,780 $49,500 $53,160 $56,820 $60,480

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Fraser is $41,220 a year, or $3,435 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,435 by 30% to get a maximum rent of $1,031 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $669 $716 $859 $993 $1,108 $1,222
60% $803 $860 $1,031 $1,191 $1,329 $1,466
Fair Market Rents in Fraser

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$621 $753 $967 $1,261 $1,371