Bethany Villa Apartments I & II
1792 Jackson Dr., Troy, Michigan 48083
Contact Bethany Villa Apartments I & II
Bethany Villa Apartments I & II is managed by Paragon Management.
You will enjoy every day of living at Bethany Villa. Studio, one and two bedroom apartment homes are designed for your comfort and convenience. This beautiful community of garden-style apartments is nestled on 18 acres in the heart of Troy, Michigan. Bethany Villa is designated for people 62 years of age and better. We offer Section 8 apartments and market rate apartments. Income guidelines apply. Bethany Villa boasts a sprawling, park-like setting. Each apartment has its own entrance and garden space for those who like to garden.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | - | Call for Price |
| One Bedroom (1/1) | 522 | Call for Price |
| Two Bedroom (2/1) | 689 | Call for Price |
Eligibility for Bethany Villa Apartments I & II
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Troy but actual income limits may differ for units at Bethany Villa Apartments I & II.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
|---|---|---|---|---|
| 30% | $15,900 | $19,720 | $24,860 | $30,000 |
| 50% | $26,500 | $30,300 | $34,100 | $37,850 |
| 80% | $42,400 | $48,450 | $54,500 | $60,550 |
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 Troy but actual income limits may differ for units at Bethany Villa Apartments I & II.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
|---|---|---|---|---|
| Very Low Income (50%) | $26,500 | $30,300 | $34,100 | $37,850 |
Bethany Villa Apartments I & II Details
- 119 studio, one and two bedroom units.
- Section 8 Project-Based Rental Assistance (PBRA)
- Low-Income Housing Tax Credit (LIHTC)
- Section 221 (d) (3)
- Section 236
Property Amenities
- Business Center
- Library
- Laundry Room
- 24hr Emergency Maintenance
- Smoke Free
- High Speed Internet Access
Unit Amenities
- Air Conditioning
- Cable Ready
- Storage
- Heating
Section 8 Project-Based Rental Assistance (PBRA)
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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 236
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.
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