Country Knoll

225 Smith St, Coldwater, Michigan 49036

Contact Country Knoll

Country Knoll is a great community for people ages 62 and older or disabled of any age. Each apartment has a private patio where gas grills, outdoor decorations, and potted plants are encouraged to have quiet enjoyment or a gathering of friends. We have 24 hour maintenance, a secure building with no steps to climb, and on-site laundry. Residents have a variety of uplifting and engaging activities to tempt the interest of many personalities. We have a community room that is utliized most everyday for monthly potluck dinners, birthday parties, resident meetings, game night,and bingo night!

The local Transit Authority has senior bus service for shopping, doctor's appointments, and general traveling with the special needs of seniors in mind. Our local Council on Aging and Center Center has a staff that can help witn income tax preparation, medicare questions, and Social Security questions. This institution is an equal opportunity provider.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	540	Income Based

Eligibility for Country Knoll

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 Coldwater but actual income limits may differ for units at Country Knoll.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$26,500	$30,300	$34,100	$37,850	$40,900	$43,950	$46,950	$50,000
Low Income (60%)	$31,800	$36,360	$40,920	$45,420	$49,080	$52,740	$56,340	$60,000

Country Knoll Details

32 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance
Section 515 Rural Rental Housing

Property Amenities

Off-Street Parking

Unit Amenities

Air Conditioning
Heat and Hot Water Included
Gas Included

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.