Devon Square is managed by KMG Prestige.
Devon Square is a newly renovated community located in Ferndale, MI, just outside of Detroit. Devon Square offers 1 bedroom apartments for the elderly, age 62 and older, and also offers 2 bedroom apartments for families who qualify based on income rates.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Income Based |
Two Bedroom (2/1) | - | Income Based |
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 Ferndale but actual income limits may differ for units at Devon Square.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $19,900 | $22,750 | $25,600 | $30,000 |
50% | $33,150 | $37,900 | $42,650 | $47,350 |
80% | $53,050 | $60,600 | $68,200 | $75,750 |
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 Ferndale but actual income limits may differ for units at Devon Square.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $33,150 | $37,900 | $42,650 | $47,350 |
Day | Hours |
---|---|
Monday | 8:30am-5:00pm |
Tuesday | 8:30am-5:00pm |
Wednesday | 8:30am-5:00pm |
Thursday | 8:30am-5:00pm |
Friday | 8:30am-5:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.