920 On the Park

920 John R Road , Troy, Michigan 48083

920 On the Park is a senior housing community for persons 55 years and older and those with mobility impairments. This well-located property consists of a nine and twelve-story wing with private balconies on most units that overlook the 7.5 acres of beautifully landscaped grounds. Some units have alcoves and all apartments have ample resident parking and access to local public transportation for off-site appointments and to other nearby cities.

920 On the Park is professionally managed by POAH Communities and offers an extensive program of activities for residents on site in the community rooms. The property also operates a van for scheduled transportation to off-site shopping, and activities.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bed One Bath (1/1) 540 Call for Price
One Bed One Bath (1/1) 590 Call for Price
Two Bedroom One Bath (2/1) 690 Call for Price

920 On the Park Details

  • 297 0 and 0 bedroom units.
  • High Rise
  • Rental Assistance Payments (RAP)
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Laundry Room
  • 24hr Emergency Maintenance

Unit Amenities

  • Cable Ready
  • Window Coverings
  • Carpet
  • Refrigerator

Nearby Amenities

  • Close to Dining
  • Close to Shopping

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday Closed
Thursday 9:00am-5:00pm
Friday 9:00am-5:00pm

Rental Assistance Payments (RAP)

Since this property has received funding through the HUD Section 236 program and the Rental Assistance Program (RAP), a tenant who earns 50% of the Area Median Income (AMI) or less qualifies for rental assistance. The rental assistance limits the tenant rent contribution to the greater of 10% of their gross income, 20% of their adjusted income, or a designated portion of welfare assistance. If a tenant's income is above the 50% AMI level, they may still qualify to live here but not benefit from the rent subsidy.

Low-Income Housing Tax Credit (LIHTC)

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.

Troy HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Troy but actual income limits may differ for units at 920 On the Park.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $13,550 $17,420 $21,960 $26,500 $31,040 $35,580 $40,000 $42,600
50% $22,600 $25,800 $29,050 $32,250 $34,850 $37,450 $40,000 $42,600
80% $36,150 $41,300 $46,450 $51,600 $55,750 $59,900 $64,000 $68,150

Troy Low-Income Housing Tax Credit Income Limits

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 Troy but actual income limits may differ for units at 920 On the Park.

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

920 On the Park is managed by Preservation of Affordable Housing (POAH).

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