About This Property
Old Mill Race comprises 48 low-income residential units in Coldwater, Michigan, serving families with a mix of one, two, and three-bedroom apartments. The property has been in service since 2006 and receives 4% Low-Income Housing Tax Credit financing. The unit distribution includes 20 one-bedroom units, 20 two-bedroom units, and 8 three-bedroom units.
Waitlist Information
Waitlist managed by Coldwater Housing Commission
The waiting list is currently open for senior/disabled individuals only, not families. Preferences include involuntarily displaced, substandard living conditions, rent burden, living/working in Branch County, or veteran status. Applications can be picked up in-person at 60 South Clay St., Coldwater, MI 49036, or a pre-application can be downloaded online, printed, and completed; completed applications can be mailed or hand delivered.
Eligibility generally requires income below 50% of the Area Median Income, family size, and citizenship status, with no application fee.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Branch County, MI
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $747 |
| 1 Bedroom | $752 |
| 2 Bedroom | $928 |
| 3 Bedroom | $1,233 |
| 4 Bedroom | $1,236 |
Income Limits - Branch County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,550
- Very Low (50%)
- $22,600
- Low (80%)
- $36,150
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,050
- Low (80%)
- $46,450
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,250
- Low (80%)
- $51,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,450
- Low (80%)
- $59,900
- Extremely Low (30%)
- $40,000
- Very Low (50%)
- $40,000
- Low (80%)
- $64,000
- Extremely Low (30%)
- $42,600
- Very Low (50%)
- $42,600
- Low (80%)
- $68,150
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,550 | $22,600 | $36,150 |
| 2 Persons | $17,420 | $25,800 | $41,300 |
| 3 Persons | $21,960 | $29,050 | $46,450 |
| 4 Persons | $26,500 | $32,250 | $51,600 |
| 5 Persons | $31,040 | $34,850 | $55,750 |
| 6 Persons | $35,580 | $37,450 | $59,900 |
| 7 Persons | $40,000 | $40,000 | $64,000 |
| 8 Persons | $42,600 | $42,600 | $68,150 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Coldwater, MI?+
The Fair Market Rent (FMR) for Branch County, MI is: $747 (Studio), $752 (1BR), $928 (2BR), $1233 (3BR), $1236 (4BR). Actual rent at subsidized properties like Old Mill Race is typically 30% of household income or less.
What size apartments are available at Old Mill Race?+
Old Mill Race offers the following unit types: 20 One-Bedroom, 20 Two-Bedroom, 8 Three-Bedroom units, for a total of 48 units.
What are the income limits for affordable housing in Branch County, MI?+
For a 4-person household in Branch County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,250, Low Income (80% AMI): $51,600. These limits are set by HUD and updated annually.
What is the price range for apartments in Coldwater, MI?+
Based on Fair Market Rent for Branch County, the estimated price range is: 1-bedroom: $752, 2-bedroom: $928, 3-bedroom: $1233. Actual rent at Old Mill Race may be lower for income-eligible households.
How do I apply for housing at Old Mill Race?+
Old Mill Race is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who is eligible to live at Old Mill Race?+
Old Mill Race primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Old Mill Race?+
Old Mill Race is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Old Mill Race?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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