Lost Creek

200 County Road 492, Marquette, Michigan 49855

Lost Creek is a quiet senior independent living community located on 29 beautiful acres in Marquette with one and two bedroom apartments and single level townhomes close to all of the areas amenities. All units have their own laundry room with washer/dryer and have a private patio. Lost Creek is located on the Iron Ore Heritage Trail and close to Marquette shopping.

Waiting List is Open Now

The Lost Creek waiting list is currently open until further notice.

Last updated on September 27th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 672 Income Based
2 Bedroom (2/1) 874 Income Based

Lost Creek Details

  • 151 1 and 2 bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Fitness Center
  • On-Site Parking
  • Meal Services
  • Smoke Free

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Microwave
  • Refrigerator
  • Oven and Range
  • Washer and Dryer Included

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.

Marquette Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Marquette but actual income limits may differ for units at Lost Creek.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,050 $28,600 $32,200 $35,750 $38,650 $41,500 $44,350 $47,200
Low Income (60%) $30,060 $34,320 $38,640 $42,900 $46,380 $49,800 $53,220 $56,640
Image of Lost Creek
Image of Lost Creek