200 W Loomis St, Ludington, MI 49431
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 Beds | 2 Baths | 895 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.
200 Loomis is a 55+ senior community. Only 7 blocks east of the sandy shores of Lake Michigan,200 Loomis are centrally located around restaurants, cafes, and shops, providing easy access to downtown
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 200 Loomis 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 |
|---|---|---|
| 2 Bedroom (2/2) | 895ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year |
| 50% AMI for PBRA Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year |
| 60% AMI for LIHTC Units | $31,800 / year | $36,360 / year | $40,920 / year | $45,420 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does 200 Loomis have a waiting list?
200 Loomis 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 200 Loomis?
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 200 Loomis?
200 Loomis is managed by Continental Management headquartered in Bingham Farms, MI.
In addition to 200 Loomis, how many other affordable housing properties (and units) are there in Ludington?
In addition to 200 Loomis, we list 6 other affordable properties in Ludington. Learn about these properties here. Our data research shows that there are a total of 277 affordable units in Ludington.
When was the 200 Loomis listing last updated?
200 Loomis listing on Affordable Housing Online was last updated on 08/11/2022 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
Housing options for immigrants.
Some housing programs do not have a citizenship requirement, such as Low-Income Housing Tax Credit apartments.Irina Petrova says:
"I recommend for everyone who needs information about Section 8 or Public Housing to use Affordable Housing Online."