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Sheldon Place Apartments

910 W Sheldon St, Gaylord, Michigan 49735

Welcome to Sheldon Place, a community of one and two bedroom apartments for adults 55 years and older.  Located in the heart of Gaylord, Sheldon Place is close to downtown shopping, dining and banking. 

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 728 Income Based
2 Bedroom (2/1) 896 Income Based

Eligibility for Sheldon Place 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 Gaylord but actual income limits may differ for units at Sheldon Place Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $26,500 $30,300 $34,100 $37,850
Low Income (60%) $31,800 $36,360 $40,920 $45,420

Sheldon Place Apartments Details

  • 32 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Elevator
  • Community Room
  • 24hr Emergency Maintenance
  • Smoke Free
  • Picnic Area

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Garbage Disposal
  • Microwave
  • Refrigerator
  • Water Trash and Sewer Included
  • Balconies or Patios Available
  • Cable & Internet Ready
  • Washer and Dryer 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.

Images of Sheldon Place Apartments
Image of Sheldon Place Apartments