Old Mill Apartments is managed by Red Oak Management.
Old Mill Apartments offers affordable rent with easy and quick access to Grand Rapids! This is a nicely designed community set among beautiful trees, and only a pleasant walk to a grocery store, the library and post office. HEAT is FREE! Located within a mile of 131 and only 20 minutes to Grand Rapids! Each apartment features sliding glass doors with access to a deck or patio.
There are laundry facilities on site Tons of Closet Space 24-Hour Emergency Maintenance Snow and Trash Removal, Lawn Care and water needs are all included in the rent. They offer off-street, well-lit and maintained parking lot.The Site Manager for Old Mill Apartments lives locally, is on site frequently and keeps regular office hours.
The Old Mill Apartments waiting list is currently open until further notice
Last updated on May 20th, 2019Generally, 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 Sand Lake but actual income limits may differ for units at Old Mill 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 |
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.