New Village Park is managed by Lockhart Management & Consulting.
New Village Park represents the preservation and comprehensive rehabilitation of 152 units of family housing with spacious floor plans, central air-conditioning, and full basements. The site is located on a leafy 18-acre campus with extensive open space, and includes a swimming pool and playground, a brand-new community garden, and a Neighborhood Network Center that offers job training, computer classes and exercise programs for community residents.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 634 | Call for Price |
2 Bedroom (2/1) | 634 | Call for Price |
3 Bedroom (3/1.5) | 1 | Call for Price |
4 Bedroom (4/1.5) | 1 | Call for Price |
4 Bedroom (4/2.5) | 1 | Call for Price |
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 Kalamazoo but actual income limits may differ for units at New Village Park.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
---|---|---|---|---|---|---|---|---|
Very Low Income (50%) | $32,100 | $36,700 | $41,300 | $45,850 | $49,550 | $53,200 | $56,900 | $60,550 |
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.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.