936 Front Avenue NW, Grand Rapids, MI 49504
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $665 - 805 per Month† | 1 - 2 Beds | 1 Bath | 720 - 960 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Grand View Place is a newly constructed community that offers 1 and 2-bedroom apartments at a convenient location in Downtown Grand Rapids. The spacious apartments include energy efficient appliances and washer/dryer hookups. Their community is tobacco-free and features a laundry facility, elevator, and more. They are conveniently located 1 minute from the bus stop at Scribner & Tenth, 2 minutes from Fish Ladder, 6th Street, and Canal Park, 4 minutes from Ralphs and Bridge Street Market, Reserve Wine & Food, The Chop House Grand Rapids, Sundance Grill & Bar, 8 minutes from Target, and Union High School, and 19 minutes from Woodland Mall.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Grand View Place does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 720ft2 | $665† |
| 2 Bedroom (2/1) | 960ft2 | $785 $805† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,150 / year | $37,900 / year | $42,650 / year | $47,350 / year |
| 50% AMI for PBRA Units | $33,150 / year | $37,900 / year | $42,650 / year | $47,350 / year |
| 60% AMI for LIHTC Units | $39,780 / year | $45,480 / year | $51,180 / year | $56,820 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Grand View Place have a waiting list?
Grand View Place probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Grand View Place?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Grand View Place?
Grand View Place is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.
In addition to Grand View Place, how many other affordable housing properties (and units) are there in Grand Rapids?
In addition to Grand View Place, we list 197 other affordable properties in Grand Rapids. Learn about these properties here. Our data research shows that there are a total of 5694 affordable units in Grand Rapids.
347 Franklin St. SW, Grand Rapids, Michigan 49503
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