Stoney Creek Village Apartments

1694 N M 52, Owosso, Michigan 48867

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Stoney Creek Village Apartments is managed by Red Oak Management.

Stoney Creek Village Apartment Homes is Owosso’s Newest and Most Beautiful Community! They serve those 55 years of age and older with a comfortable, maintenance free lifestyle! They are located on the edge of charming and beautiful Owosso with its extensive park system and vibrant downtown district. They are close to shopping, dining, entertainment venues, medical facilities, the historic castle, the library and much more. Within their own four walls they have many elegant community areas with beautiful balconies, and rich wood trim where you can socialize, exercise, entertain, etc. The enormous, luxurious, multi-purpose community/dining room with full kitchen, and pleasant outdoor patio is available to all residents and provides room for the biggest family reunion! The professional landscaping will be in full bloom in just a few months! You will love inviting your friends to visit you in this gorgeous community! As important as the convenience, comfort and beauty, are our affordable rents that include heat, water, and trash removal, and no application fee.

 

Features at Stoney Creek Village Apartments include covered portico main entrance, elevators, reserved carports available, entrance lounge, library, exercise Room, social activities, beauty salon and barber shop staffed and on site. Laundry facilities on site, individually controlled heat and air conditioning, as well as each apartment features french doors with a patio or deck. 24 Hour Emergency Maintenance, Snow and Trash Removal, Lawn Care and Water needs are also all included in the rent.

 

Stoney Creek Village Apartments have their own off-street, well-lit and maintained parking lot. The Site Manager lives locally, is on site frequently and keeps regular office hours. 

Waiting List is Open Now

The Stoney Creek Village Apartments waiting list is currently open until further notice

Last updated on May 21st, 2019

Eligibility for Stoney Creek Village 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 Owosso but actual income limits may differ for units at Stoney Creek Village Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $27,950 $31,950 $35,950 $39,900 $43,100 $46,300 $49,500 $52,700
Low Income (60%) $33,540 $38,340 $43,140 $47,880 $51,720 $55,560 $59,400 $63,240

Stoney Creek Village Apartments Details

  • 11 bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • HOME Investment Partnerships Program

Property Amenities

  • Elevator
  • Community Room
  • Library
  • 24hr Emergency Maintenance
  • Off-Street Parking
  • On-Site Parking
  • Snow Removal
  • Lawn Care
  • Barber Shop and Beauty Salon
  • Convenient Location
  • Heat Included
  • On-Site Laundry

Unit Amenities

  • Air Conditioning
  • Patio Deck Or Balcony
  • Trash Included
  • Water 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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

Images of Stoney Creek Village Apartments
Image of Stoney Creek Village Apartments
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