St. James Apartments

101 Sheldon Boulevard Southeast, Grand Rapids, Michigan 49503

This community includes 36 renovated apartments and 16 newly constructed townhomes.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 600-1100 Call for Price
Two Bedroom (2/1) 700-1200 Call for Price

St. James Apartments Details

  • 52 one and two bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

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.

Image of St. James Apartments

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