Orchard Place Manor Senior Apartments is managed by Stratford Group, Ltd..
Orchard Place Manor Senior Apartments is an apartment complex located in beautiful Owosso, MI with one and two bedroom floor plans. There is carpeting throughout the apartments except in the kitchen & bathroom. As you enter through the lobby there is a lounge area and community room for socializing. There is also a patio off the community room for outdoor relaxing. Persons must be 62 years of age or older or disabled of any age to qualify for this housing. Gas, heat, water, and trash pick-up Included. Rent Based on Income. Cats and small dogs are allowed.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 574 | Income Based |
2 Bedroom (2/1) | 744 | Income Based |
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 Owosso but actual income limits may differ for units at Orchard Place Manor Senior Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $27,950 | $31,950 | $35,950 | $39,900 |
Low Income (60%) | $33,540 | $38,340 | $43,140 | $47,880 |
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.
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.
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.