At the Village at Bay Ridge, we offer spacious one and two-bedroom apartments, as well as beautiful cottage style homes with adjoining garages. No matter what option you choose, you’ll have controlled access to your own living space, as well as our many community rooms. An added benefit, The Village at Bay Ridge is conveniently located just minutes away from downtown Traverse City. Whether you’re looking for a day at the beach, some time at the Farmer’s Market, or just some time at the shops downtown, you can drive yourself or take a trip on the Bay Ridge Community Bus. Traverse City has always been a beautiful place to retire, but with the Village at Bay Ridge, retirement is comfortable, affordable, and convenient too!
The Village at Bay Ridge is just one part of the larger Bay Ridge continuum of care community. Bay Ridge also features an assisted living center, as well as a community that specializes in dementia care. This means that if at any point you need additional care, all of the help you need is just minutes away.
managed by Heritage Senior Communities
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | 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 Traverse City but actual income limits may differ for units at Village at Bay Ridge.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $31,500 | $36,000 | $40,500 | $44,950 |
Low Income (60%) | $37,800 | $43,200 | $48,600 | $53,940 |
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.