308 E Michigan Ave, Paw Paw, MI 49079
Waiting List Forecast: Likely Short or None
Verified for 2022 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 690 - 1,002 Sq Ft |
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.
The Berkshire–Paw Paw is a brand new 42-unit affordable senior housing community located in the heart of Downtown Paw Paw, Michigan. This 3-story property is located at 308 East Michigan Avenue, directly next to the Village Pharmacy. Residents will enjoy walking to downtown restaurants, shops, and services. The Berkshire is pleased to announce that Autumn House Adult Day Care Services will be joining our facility on the ground floor, offering area residents a safe and inviting daytime environment for adults with special needs such as Alzheimer’s, dementia or other physical impairments.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Berkshire Paw Paw does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 690ft2 | Call for Price† |
| 2 Bedroom (2/1) | 1002ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,950 / year | $31,950 / year | $35,950 / year | $39,900 / year |
| 50% AMI for PBRA Units | $27,950 / year | $31,950 / year | $35,950 / year | $39,900 / year |
| 60% AMI for LIHTC Units | $33,540 / year | $38,340 / year | $43,140 / year | $47,880 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Berkshire Paw Paw have a waiting list?
Berkshire Paw Paw 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 Berkshire Paw Paw?
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.
What property management company manges Berkshire Paw Paw?
Berkshire Paw Paw is managed by KMG Prestige headquartered in Lansing, Michigan.
In addition to Berkshire Paw Paw, how many other affordable housing properties (and units) are there in Paw Paw?
In addition to Berkshire Paw Paw, we list 5 other affordable properties in Paw Paw. Learn about these properties here. Our data research shows that there are a total of 299 affordable units in Paw Paw.
675 Hazen St, Paw Paw, Michigan 49079
205 Miller Court, Paw Paw, Michigan 49079
806 St. Joseph Street, Paw Paw, Michigan
518 River Road, Paw Paw, Michigan
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