106 Packard St
Units & Amenities:
64 1-bdr (517-592 sq ft each) units
Air conditioned and wheel chair accessible units (some ADA compliant)
Access to wi-fi and on-site laundry room
Utilities are included in rent
Nearby Sites and/or Schools:
Downtown
University of Michigan campus
Bach Elementary School, Slauson Middle School
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bed One Bath (1/1) | 517 | Call for Price |
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 Ann Arbor but actual income limits may differ for units at Baker Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $26,050 | $29,800 | $33,500 | $37,200 | $40,200 | $43,200 | $46,150 | $50,560 |
50% | $43,400 | $49,600 | $55,800 | $62,000 | $67,000 | $71,950 | $76,900 | $81,850 |
80% | $66,300 | $75,750 | $85,200 | $94,650 | $102,250 | $109,800 | $117,400 | $124,950 |
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 Ann Arbor but actual income limits may differ for units at Baker Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $43,400 | $49,600 | $55,800 | $62,000 | $67,000 | $71,950 | $76,900 | $81,850 |
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.