Meadow Ridge Apartments

6221 Euclid St, Marlette, Michigan 48453

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Meadow Ridge Apartments is managed by GLD Management Company.

Meadow Ridge is an affordable community featuring one bedroom apartment homes for those age 62 and older..  They are pet friendly and close to town.  Meadow Ridge offers scheduled activities, a community room and on-site laundry facilities.  The site also features 24-hour emergency maintenance and a fire alarm system.  Each apartment home features a range and refrigerator, walk-in closet and a private patio or balcony.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 550 Income Based

Eligibility for Meadow Ridge 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 Marlette but actual income limits may differ for units at Meadow Ridge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $26,500 $30,300 $34,100 $37,850 $40,900 $43,950 $46,950 $50,000
Low Income (60%) $31,800 $36,360 $40,920 $45,420 $49,080 $52,740 $56,340 $60,000

Meadow Ridge Apartments Details

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

Property Amenities

  • Community Room
  • 24hr Emergency Maintenance
  • Smoke Free
  • Picnic Area
  • Heat Included
  • On-Site Laundry

Unit Amenities

  • Water Trash and Sewer 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.