Knollview Apartments

514 W High St, Ovid, Michigan 48866

Contact Knollview Apartments

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 500 Call for Price
Two Bedrooms (2/1) 700 Call for Price

Knollview Apartments Details

  • 28 one and two bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • On-Site Management
  • On-Site Parking
  • Laundry Facilities
  • Smoke Free
  • Heat Included

Unit Amenities

  • Garbage Disposal
  • Washer/Dryer Hookup
  • Walk-in Closet(s)
  • Patio, Deck Or Balcony
  • Refrigerator
  • Oven and Range
  • Trash Included

About Knollview Apartments

This community has a variety of available amenities and features. These include: eat-in kitchen or dining rooms, washers and dryers, and door to door trash pick-up. Stop by the leasing office to schedule your tour.

Section 42 Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC and therefore may be set at levels higher than the area's LIHTC limits.

Ovid Low Income Housing Tax Credit Income Qualifications

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $25,900 $29,600 $33,300 $36,950 $39,950 $42,900 $45,850 $48,800
60% $31,080 $35,520 $39,960 $44,340 $47,940 $51,480 $55,020 $58,560

Knollview Apartments was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Knollview Apartments is managed by PK Housing Management.