1200 Colony Lane, Pontiac, MI 48340
Waiting List Forecast: Likely Long or Closed
Verified for 2022 by Monica Keiffer| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 Bed | 1 Bath | 540 Sq Ft |
Since this property is a Section 202 property and includes rental assistance, it will tend to have a longer 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.
Pontiac Village Estates Co-op, is located off of Walton Boulevard, just west of Perry Road. This 77 unit apartment building opened its doors on November 3rd, 2014, with spacious apartments, a computer center, an exercise room, gated parking, and much more!
A pleasant living environment is provided with a buzzer/intercom system in every apartment that is operated by the resident/member for entry into the building.
Pontiac Village Estates Co-op offers a healthier and safer environment to live in by being a 100% smoke free building. Smoking is not allowed within the individual apartments, the common areas, and within 25 feet of the building.
Activities are planned by the resident/members and include luncheons, dinners, bingo, card nights, exercise classes, and many other activities.
The co-op is within walking distance to the bus line, retail establishments, and an urgent care facility. Pontiac Village is pet friendly. The pet has to be 20 lbs. or under, and there's no pet deposit. Rent is based on a percentage of the household's income and includes heating, cooling, hot water, and water utilities.
Living in a co-op means living in a building that is controlled by the resident members. The resident members vote on all major operating decisions, including writing the annual budget. The membership also includes privileges such as serving in elected or appointed positions, voting in co-op elections, CSI board elections, corporate bylaw changes or other matters coming before the members. Resident members have the opportunity to attend many different functions throughout the year, including the CSI annual luncheon. Becoming part of a CSI co-op allows you to enjoy the benefits of apartment living while retaining control of your environment.
Call today and become another member to enjoy our co-op!
As a modern Section 202 property built after 1990, Pontiac Village Estates Co-op Senior Apartments only allows seniors aged 62 or older. Older “Legacy” 202 properties (pre-1990) do allow younger persons with disabilities. Modern 202 properties tend to be in better physical condition primarily due to age. Section 202 properties include a rent subsidy, so you will only pay 30% of your income toward rent. To qualify, you will need to earn 50% of the Area Median Income or less. These properties often include a resident services coordinator that arranges services like healthcare management, transportation, and social activities. If you are a senior or have a senior in your household, and need services to maintain independent living, this property may be good for you. Since this property participates in the HUD 202 program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom Accessible (1/1) | 540ft2 | Rent is Based On Your Income† |
| 1 Bedroom (1/1) | 540ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
|---|---|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $19,900 / year | $22,750 / year | $25,600 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
| 50% AMI for LIHTC Units | $33,150 / year | $37,900 / year | $42,650 / year | $47,350 / year | $51,150 / year | $54,950 / year | $58,750 / year | $62,550 / year |
| 50% AMI for PBRA Units | $33,150 / year | $37,900 / year | $42,650 / year | $47,350 / year | $51,150 / year | $54,950 / year | $58,750 / year | $62,550 / year |
| 80% AMI for PBRA Units | $53,050 / year | $60,600 / year | $68,200 / year | $75,750 / year | $81,850 / year | $87,900 / year | $93,950 / year | $100,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Pontiac Village Estates Co-op Senior Apartments have a waiting list?
Pontiac Village Estates Co-op Senior Apartments 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 Pontiac Village Estates Co-op Senior Apartments?
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 Pontiac Village Estates Co-op Senior Apartments?
Pontiac Village Estates Co-op Senior Apartments is managed by CSI Support & Development headquartered in Warren, Michigan.
In addition to Pontiac Village Estates Co-op Senior Apartments, how many other affordable housing properties (and units) are there in Pontiac?
In addition to Pontiac Village Estates Co-op Senior Apartments, we list 31 other affordable properties in Pontiac. Learn about these properties here. Our data research shows that there are a total of 3888 affordable units in Pontiac.
When was the Pontiac Village Estates Co-op Senior Apartments listing last updated?
Pontiac Village Estates Co-op Senior Apartments listing on Affordable Housing Online was last updated on 09/01/2022 by Monica Keiffer. Remember, a property's status can change so you should contact the property to confirm.
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