800 W Seventh Street, Monroe, MI 48161
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Woodcraft Square is located in Monroe, MI and consists of 208 HUD - subsidized apartments. We offer quality, affordable housing for elderly, disabled and family households. Our main building consists of 120 one and two bedroom units designated for seniors and disabled residents. Waitlist preference is given to applicants with elderly household members. The 88 family units include 78 two and three bedroom townhouses and 10 two bedroom garden flats. Applicants must be income eligible based on the very low and extremely low income limits established by HUD under the Section 8 program. Our historic main building, formerly the Weis Complex/La-Z-Boy Factory, houses our senior households and features interesting architectural details. These spacious apartments feature high ceilings, original wood beams and exposed brick while our modern townhouse units feature central A/C, front porches, individual entry and private patios.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Woodcraft Square is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| 3 Bedroom (3/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,100 / year | $21,800 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $31,800 / year | $36,350 / year | $40,900 / year | $45,400 / year | $49,050 / year | $52,700 / year |
| 50% AMI for PBRA Units | $31,800 / year | $36,350 / year | $40,900 / year | $45,400 / year | $49,050 / year | $52,700 / year |
| 80% AMI for PBRA Units | $50,900 / year | $58,150 / year | $65,400 / year | $72,650 / year | $78,500 / year | $84,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Woodcraft Square have a waiting list?
Woodcraft Square probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Woodcraft Square?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Woodcraft Square?
Woodcraft Square is managed by The Shoreline Corporation
In addition to Woodcraft Square, how many other affordable housing properties (and units) are there in Monroe?
In addition to Woodcraft Square, we list 11 other affordable properties in Monroe. Learn about these properties here. Our data research shows that there are a total of 1472 affordable units in Monroe.
Interested in a waiting list that opens soon?
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