In the heart of beautiful downtown Sault Ste. Marie, Michigan, Park Place City Center provides a blend of residential and commercial opportunities in a historical preservation project. This unique space combines modern conveniences with classic architectural features.
Newly renovated 1, 2 & 3 bedroom apartment homes combine classic features with every modern convenience. Great location and amenities make these apartments hard to resist!
|1 Bedroom Loft (1/1)||572-982||Call for Price|
|2 Bedroom (2/1)||771-1233||Call for Price|
|3 Bedroom (3/1)||1300||Call for Price|
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.
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 Sault Ste. Marie but actual income limits may differ for units at Park Place City Center.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|Very Low Income (50%)||$22,600||$25,800||$29,050||$32,250||$34,850||$37,450||$40,000||$42,600|
|Low Income (60%)||$27,120||$30,960||$34,860||$38,700||$41,820||$44,940||$48,000||$51,120|
Park Place City Center is managed by KMG Prestige.