Gardenview Estates is managed by Detroit Housing Commission.
The Gardenview Estates development will consist of 607 new single family and rental homes when fully completed. Rental Phases I through IIIB, consisting of 328 multi-family rental units, are complete and fully leased. Rental Phases IIIC and IIID, 166 senior rental units, are complete and currently leasing up. At the completion of rental Phase IV, a multi-family rental phase of 47 units, there will be 541 new rental units with 278 Annual Contributions Contract (“ACC”) units on the portion of the site known as Sector I - Rental.
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 Detroit but actual income limits may differ for units at Gardenview Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
30% | $19,900 | $22,750 | $25,600 | $30,000 | $35,140 | $40,280 | $45,420 | $50,560 |
50% | $33,150 | $37,900 | $42,650 | $47,350 | $51,150 | $54,950 | $58,750 | $62,550 |
80% | $53,050 | $60,600 | $68,200 | $75,750 | $81,850 | $87,900 | $93,950 | $100,000 |
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 Detroit but actual income limits may differ for units at Gardenview Estates.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $33,150 | $37,900 | $42,650 | $47,350 | $51,150 | $54,950 | $58,750 | $62,550 |
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.