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Elsie Meadows Apartments

202 N Park Ave, Elsie, Michigan 48831

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Call (989) 862-4809

Elsie Meadows Apartments is managed by Red Oak Management.

Elsie Meadows Apartments offers affordable rent in a delightfully friendly community for those 62 or older or disabled of any age. Heat, Water and Trash removal are all included in the rent making it easy to budget! The setting is peaceful but they are close to all the advantages of town! Each Apartment features sliding glass doors with access to your own patio. The Community Day Room is a great common area for residents to work on puzzles and socialize. It is also available to residents for family gatherings. Laundry Facilities are conveniently available right in the building. They have their own off-street, well-lit and maintained parking lot. The Site Manager for Elsie Meadows Apartments lives locally, is on site frequently and keeps regular office hours. 
 

Waiting List is Open Now

The Elsie Meadows Apartments waiting list is currently open until further notice

Last updated on May 21st, 2019

Eligibility for Elsie Meadows Apartments

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 Elsie but actual income limits may differ for units at Elsie Meadows Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,800 $37,500 $42,200 $46,850 $50,600 $54,350 $58,100 $61,850
Low Income (60%) $39,360 $45,000 $50,640 $56,220 $60,720 $65,220 $69,720 $74,220

Elsie Meadows Apartments Details

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

Property Amenities

  • Community Room
  • Off-Street Parking
  • On-Site Parking
  • Convenient Location
  • Heat Included
  • On-Site Laundry

Unit Amenities

  • Patio Deck Or Balcony
  • Trash Included
  • Water 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 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.

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.

Images of Elsie Meadows Apartments
Image of Elsie Meadows Apartments