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Sharon Ann Apartments

533 North Main Street, Chelsea, Michigan 48118

This apartment complex was newly unveiled in June of 2018!

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 750 Call for Price
Two Bedroom (2/1) 1000 Call for Price

Eligibility for Sharon Ann Apartments

Sharon Ann Apartments Details

  • 17 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)
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.