Low Income (LIHTC)

Riverview Terrace Petoskey

11 Bridge St, Petoskey, MI, 49770

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Riverview Terrace Petoskey comprises 64 units in Petoskey, Michigan, within Emmet County. The property was placed in service in 8888. Please contact the property directly for information regarding availability and lease terms.

Property Details

Total Units

Fair Market Rent - Emmet 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	$826
1 Bedroom	$900
2 Bedroom	$1,182
3 Bedroom	$1,429
4 Bedroom	$1,675

Income Limits - Emmet County, MI

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person

Extremely Low (30%): $15,300
Very Low (50%): $25,450
Low (80%): $40,750

2 Persons

Extremely Low (30%): $17,450
Very Low (50%): $29,100
Low (80%): $46,550

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $32,750
Low (80%): $52,350

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $36,350
Low (80%): $58,150

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $39,300
Low (80%): $62,850

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $42,200
Low (80%): $67,500

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $45,100
Low (80%): $72,150

8 Persons

Extremely Low (30%): $44,660
Very Low (50%): $48,000
Low (80%): $76,800

Household	Extremely Low (30%)	Very Low (50%)	Low (80%)
1 Person	$15,300	$25,450	$40,750
2 Persons	$17,450	$29,100	$46,550
3 Persons	$21,960	$32,750	$52,350
4 Persons	$26,500	$36,350	$58,150
5 Persons	$31,040	$39,300	$62,850
6 Persons	$35,580	$42,200	$67,500
7 Persons	$40,120	$45,100	$72,150
8 Persons	$44,660	$48,000	$76,800

Tax Credit Program Details

Year Placed in Service

8888

Low-Income Units

0 / 64

Frequently Asked Questions

What is the average rent for affordable housing in Petoskey, MI?+

The Fair Market Rent (FMR) for Emmet County, MI is: $826 (Studio), $900 (1BR), $1182 (2BR), $1429 (3BR), $1675 (4BR). Actual rent at subsidized properties like Riverview Terrace Petoskey is typically 30% of household income or less.

What are the income limits for affordable housing in Emmet County, MI?+

For a 4-person household in Emmet County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,350, Low Income (80% AMI): $58,150. These limits are set by HUD and updated annually.

Who manages Riverview Terrace Petoskey?+

Riverview Terrace Petoskey is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at Riverview Terrace Petoskey?+

Riverview Terrace Petoskey 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.

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