About This Property
Chase Run II Apts comprises 48 low-income units in Mt. Pleasant, Isabella County, Michigan. The property was placed in service in 2001 and includes nine 1-bedroom, 28 2-bedroom, and 11 3-bedroom units, financed through 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Isabella 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 | $810 |
| 1 Bedroom | $815 |
| 2 Bedroom | $941 |
| 3 Bedroom | $1,245 |
| 4 Bedroom | $1,253 |
Income Limits - Isabella 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 Mt Pleasant, MI?+
The Fair Market Rent (FMR) for Isabella County, MI is: $810 (Studio), $815 (1BR), $941 (2BR), $1245 (3BR), $1253 (4BR). Actual rent at subsidized properties like Chase Run Ii Apts is typically 30% of household income or less.
What size apartments are available at Chase Run Ii Apts?+
Chase Run Ii Apts offers the following unit types: 9 One-Bedroom, 28 Two-Bedroom, 11 Three-Bedroom units, for a total of 48 units.
How do I apply for housing at Chase Run Ii Apts?+
Chase Run Ii Apts 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.
What is the price range for apartments in Mt Pleasant, MI?+
Based on Fair Market Rent for Isabella County, the estimated price range is: 1-bedroom: $815, 2-bedroom: $941, 3-bedroom: $1245. Actual rent at Chase Run Ii Apts may be lower for income-eligible households.
Who manages Chase Run Ii Apts?+
Chase Run Ii Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Isabella County, MI?+
For a 4-person household in Isabella 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.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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