1695 Meadow Way, Petoskey, MI 49770
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 Baths | - |
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.
Maple Village is centrally located just 5 minutes from the downtown shopping district of Petoskey, restaurants, and hotels. The community also has easy access to US 131. Maple Village is within walking distance to Wal-Mart, Home Depot, Lowes, and Office Max.
Because Maple Village l & ll Apartments 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. For a HOME project of this size, some of the units are set aside for households at or below 50% AMI with a corresponding lower rent cap. As this property appears not to have a project-based subsidy or any other Federal assistance, you likely will have to pay your own rent, albeit, at a lower rent amount thanks to the HOME and LIHTC programs. Since this property participates in the HOME and LIHTC programs, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | - | Call for Price† |
| Three Bedroom (3/2) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $29,150 / year | $33,300 / year | $37,450 / year | $41,600 / year | $44,950 / year | $48,300 / year |
| 50% AMI for PBRA Units | $29,150 / year | $33,300 / year | $37,450 / year | $41,600 / year | $44,950 / year | $48,300 / year |
| 60% AMI for LIHTC Units | $34,980 / year | $39,960 / year | $44,940 / year | $49,920 / year | $53,940 / year | $57,960 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Maple Village l & ll Apartments have a waiting list?
Maple Village l & ll Apartments 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 Maple Village l & ll Apartments?
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 Maple Village l & ll Apartments?
Maple Village l & ll Apartments is managed by KMG Prestige headquartered in Lansing, Michigan.
In addition to Maple Village l & ll Apartments, how many other affordable housing properties (and units) are there in Petoskey?
In addition to Maple Village l & ll Apartments, we list 8 other affordable properties in Petoskey. Learn about these properties here. Our data research shows that there are a total of 542 affordable units in Petoskey.
When was the Maple Village l & ll Apartments listing last updated?
Maple Village l & ll Apartments listing on Affordable Housing Online was last updated on 01/03/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
1301 Crestview Dr, Petoskey, Michigan 49770
1401 Crestview Dr, Petoskey, Michigan 49770
1501 Crestview Dr, Petoskey, Michigan 49770
Do not pay for HUD applications.
It is against the law to charge for Section 8, Public Housing, and other HUD housing applications.Ellie Ruedas says:
"Affordable Housing Online is the best way to keep informed on housing openings."