Affordable Housing In Lincoln Park
Wayne County, Michigan


Waiting List Openings In Lincoln Park

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

3 Low Income Apartment Communities In Lincoln Park

Park Plaza

1201 Fort St
Lincoln Park, MI
$615-860
1-2 BR
Subsidized

Victoria Square

1300 Electric Ave
Lincoln Park, MI
Call For Rent
1-2 BR
55+
HCV Welcome

Lincoln Park Towers

1370 Electric Ave
Lincoln Park, MI
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Housing Authorities that serve Lincoln Park

Housing Authority Programs
Lincoln Park Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
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; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV)
River Rouge Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing
Plymouth Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing; Family Self-sufficiency; Rental Assistance Demonstration (RAD); Family Unification Program (FUP)
Ferndale Housing Commission Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Lincoln Park, Michigan

There are 3 low income housing apartment communities offering 406 affordable apartments for rent in Lincoln Park, Michigan. Lincoln Park features 320 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 86 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Lincoln Park.

Sourced from federal housing data and AffordableHousingOnline.com research.

Lincoln Park, MI Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 406
Total Housing Units with Rental Assistance 320
Percentage of Housing Units Occupied By Renters 30.1%
Average Renter Household Size 2.59
Average Household Size 2.59
Median Household Income $41,090 ±$2,031
Median Rent $810 ±$36
Percentage Of Renters Overburdened 51.02% ± 6.95pp
Total Population 37,362

Population and Household Demographics

Lincoln Park is a City in Wayne County, Michigan with a population of 37,362. There are 14,401 households in the city with an average household size of 2.59 persons. 30.1% of households in Lincoln Park are renters.

Income and Rent Overburden in Lincoln Park

The median gross income for households in Lincoln Park is $41,090 a year, or $3,424 a month. The median rent for the city is $810 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lincoln Park, a household making less than $2,700 a month would be considered overburdened when renting an apartment at or above the median rent. 51.02% of households who rent are overburdened in Lincoln Park.1

Area Median Income In Lincoln Park

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 Lincoln Park, the AMI is calculated from all households within Wayne County.

In Lincoln Park, 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 Lincoln Park

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 Lincoln Park HUD Rental Assistance in Lincoln Park

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
Low Income Housing Tax Credits in Lincoln Park

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1999 to 1999, 1 low income apartment communities containing 85 rental apartments have been constructed and made affordable to low income persons in Lincoln Park by the Low Income Housing Tax Credit Program.

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 Lincoln Park

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,750 $30,550 $34,350 $38,150 $41,250 $44,300 $47,350 $50,400
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 Lincoln Park 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 Lincoln Park

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$639 $764 $977 $1,266 $1,376