
About This Property
Ashley Square consists of 12 three-bedroom units designed to serve low-income families in Kalamazoo, Michigan. The property has been in service since 2006 and receives funding through the HOME program and 9% Low-Income Housing Tax Credits (LIHTC).
Property Details
Fair Market Rent - Kalamazoo 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 | $724 |
| 1 Bedroom | $878 |
| 2 Bedroom | $1,057 |
| 3 Bedroom | $1,413 |
| 4 Bedroom | $1,484 |
Income Limits - Kalamazoo County, MI
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,250
- Very Low (50%)
- $27,100
- Low (80%)
- $43,350
- Extremely Low (30%)
- $18,600
- Very Low (50%)
- $31,000
- Low (80%)
- $49,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $34,850
- Low (80%)
- $55,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $38,700
- Low (80%)
- $61,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $41,800
- Low (80%)
- $66,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $44,900
- Low (80%)
- $71,850
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $48,000
- Low (80%)
- $76,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $51,100
- Low (80%)
- $81,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,250 | $27,100 | $43,350 |
| 2 Persons | $18,600 | $31,000 | $49,550 |
| 3 Persons | $21,960 | $34,850 | $55,750 |
| 4 Persons | $26,500 | $38,700 | $61,900 |
| 5 Persons | $31,040 | $41,800 | $66,900 |
| 6 Persons | $35,580 | $44,900 | $71,850 |
| 7 Persons | $40,120 | $48,000 | $76,800 |
| 8 Persons | $44,660 | $51,100 | $81,750 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kalamazoo, MI?+
The Fair Market Rent (FMR) for Kalamazoo County, MI is: $724 (Studio), $878 (1BR), $1057 (2BR), $1413 (3BR), $1484 (4BR). Actual rent at subsidized properties like Ashley Square is typically 30% of household income or less.
What size apartments are available at Ashley Square?+
Ashley Square offers the following unit types: 12 Three-Bedroom units, for a total of 12 units.
Who manages Ashley Square?+
Ashley Square is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Ashley Square?+
Ashley Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Kalamazoo, MI?+
Based on Fair Market Rent for Kalamazoo County, the estimated price range is: 3-bedroom: $1413. Actual rent at Ashley Square may be lower for income-eligible households.
What are the income limits for affordable housing in Kalamazoo County, MI?+
For a 4-person household in Kalamazoo County, MI, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $38,700, Low Income (80% AMI): $61,900. These limits are set by HUD and updated annually.
How do I apply for housing at Ashley Square?+
Ashley Square 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.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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