Forest Creek Apartments

290 Clark St, Montrose, Michigan 48457

This 24-unit community has one and two bedroom floor plans.

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price
Two Bedroom (2/1) - From $588 To $638

Forest Creek Apartments Details

  • 48 0 and 0 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Laundry Facilities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Refrigerator
  • Oven and Range

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.

Montrose 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 Montrose but actual income limits may differ for units at Forest Creek Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $23,000 $26,250 $29,550 $32,800 $35,450 $38,050 $40,700 $43,300
Low Income (60%) $27,600 $31,500 $35,460 $39,360 $42,540 $45,660 $48,840 $51,960

Forest Creek Apartments is managed by Stratford Group, Ltd..

Image of Forest Creek Apartments
Image of Forest Creek Apartments
Image of Forest Creek Apartments
Image of Forest Creek Apartments