8788 Cobblestone Rd, Watervliet, MI 49098
Waiting List Forecast: Likely Short or None
Verified for 2021 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $690 per Month† | 2 - 3 Beds | 1 - 2 Baths | 950 - 1,191 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.
Great Location! These two bedroom/one bath units and three bedroom/two bath units have washer/dryer connections in every unit or laundry facilities on site. Appliances include stove, refrigerator, microwave and dishwasher. Central air conditioning, huge private patio or balcony. Large attractive floor plans. Close to shopping, hospital, middle and high schools. Two playgrounds. They pay the heat, sewer, water, trash collection, snow removal and lawn care. * Income restrictions apply*
Because Cobblestone Village 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 |
|---|---|---|
| 2 Bedroom (2/1) | 950ft2 | Call for Price† |
| 3 Bedroom (3/2) | 1191ft2 | $690† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $27,300 / year | $31,200 / year | $35,100 / year | $39,000 / year | $42,150 / year | $45,250 / year |
| 50% AMI for PBRA Units | $27,300 / year | $31,200 / year | $35,100 / year | $39,000 / year | $42,150 / year | $45,250 / year |
| 60% AMI for LIHTC Units | $32,760 / year | $37,440 / year | $42,120 / year | $46,800 / year | $50,580 / year | $54,300 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cobblestone Village Apartments have a waiting list?
Cobblestone Village 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 Cobblestone Village 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 Cobblestone Village Apartments?
Cobblestone Village Apartments is managed by Stratford Group, Ltd. headquartered in Alpena, MI.
In addition to Cobblestone Village Apartments, how many other affordable housing properties (and units) are there in Watervliet?
In addition to Cobblestone Village Apartments, we list 2 other affordable properties in Watervliet. Learn about these properties here. Our data research shows that there are a total of 144 affordable units in Watervliet.
4089 Medical Park Dr, Watervliet, Michigan 49098
Prepare to pay a fee to apply for units that accept Section 8 vouchers.
While there is no charge for Section 8 applications, a private landlord may charge a fee to apply for an available unit.Judea I. Lawton says:
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