Aspen Place is managed by Detroit Shoreway Community Development Organization.
Aspen Place offers 40 units, ranging from 680 square feet for a one-bedroom unit to 1,400 square feet for a four-bedroom apartment, with rents between $360 and $975 per month. The building also features 20 one-bedroom apartments and 18 two-bedroom units.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
One Bedroom (1/1) | - | Call for Price |
Two Bedroom (2/1) | - | Call for Price |
Four Bedroom (4/2.5) | - | Call for Price |
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.