316 Pine St, Marquette, MI 49855
Waiting List Forecast: Likely Short or None
Verified for 2023 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Floorplan Info Upon Request | - | - |
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.
Pine Ridge Marquette is located at 316 Pine Street, Marquette, MI and offers one hundred forty income based apartments in the historic East side City of Marquette. Conveniently located within walking distance to all your needs including shopping, dining, entertainment, Upper Peninsula’s regional hospital, many businesses and beautiful Lake Superior.
Pine Ridge Marquette’s nine story building overlooks Lake Superior and the City of Marquette. On corner of Pine street and Ridge street, the views are breathtaking and one of the finest in town. Pine Ridge Marquette offers pet friendly apartments at thirty percent of the household’s monthly adjusted gross income with all utilities included and several great amenities.
Because Pine Ridge Apartment participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Some of the LIHTC units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $15,900 / year | $19,720 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,000 / year |
| 50% AMI for LIHTC Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year | $40,900 / year | $43,950 / year | $46,950 / year | $50,000 / year |
| 50% AMI for PBRA Units | $26,500 / year | $30,300 / year | $34,100 / year | $37,850 / year | $40,900 / year | $43,950 / year | $46,950 / year | $50,000 / year |
| 60% AMI for LIHTC Units | $31,800 / year | $36,360 / year | $40,920 / year | $45,420 / year | $49,080 / year | $52,740 / year | $56,340 / year | $60,000 / year |
| 80% AMI for PBRA Units | $42,400 / year | $48,450 / year | $54,500 / year | $60,550 / year | $65,400 / year | $70,250 / year | $75,100 / year | $79,950 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pine Ridge Apartment have a waiting list?
Pine Ridge Apartment 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 Pine Ridge Apartment?
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.
In addition to Pine Ridge Apartment, how many other affordable housing properties (and units) are there in Marquette?
In addition to Pine Ridge Apartment, we list 9 other affordable properties in Marquette. Learn about these properties here. Our data research shows that there are a total of 840 affordable units in Marquette.
When was the Pine Ridge Apartment listing last updated?
Pine Ridge Apartment listing on Affordable Housing Online was last updated on 01/01/2023 by Joshua Cappell. Remember, a property's status can change so you should contact the property to confirm.
1906 A Freedom Dr, Marquette, Michigan 49855
200 Whetstone Rd, Marquette, Michigan 49855
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