Valley View III is managed by KMG Prestige.
Valley View III offers a lifestyle of convenience and security of independent living facility for the young at heart. Our affordable rental rates are perfect for those on a fixed income. Valley View III eases the burden of costly utility bills and chores that seniors may have if they owned their own home. Our one and two bedroom apartments are equipped with pull cords and grab bars for peace of mind and to give you the tools you need to stay as independent as long as possible. Our on site specialists are ready to attend to any of your maintenance needs, freeing up your time to join in on our laughs, group activities, potlucks and more. On the first Thursday and last Tuesday of every month our Bingo wings are proudly waving. We are close to downtown Ionia for easy access to all the small town festivals, happenings and restaurants that you have grown to love and we are only 45 minutes away from those bigger cities such as Grand Rapids and Lansing if the need for adventure should ever arise.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | 653 | $657 |
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 Ionia but actual income limits may differ for units at Valley View III.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $27,100 | $31,000 | $34,850 | $38,700 | $41,800 | $44,900 | $48,000 | $51,100 |
Low Income (60%) | $32,520 | $37,200 | $41,820 | $46,440 | $50,160 | $53,880 | $57,600 | $61,320 |
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.