Island Woods

About This Building

Island Woods: Affordable Housing Option with Income Restrictions Location: Grosse Ile, MI Introduction: - Island Woods is a Low-Income Housing Tax Credit (LIHTC) apartment complex. - It offers affordable rental apartments for individuals seeking affordable housing options. - LIHTC supports this development to provide affordable housing for low-income individuals. - However, the maximum rent is determined based on the Area Median Income (AMI), which may render it unaffordable for some. Apartment Details: - Island Woods offers one and two-bedroom apartments. - Total apartments available: 25. Income and Rent Restrictions: - The rental rates are governed by the LIHTC program and income limitations. - These restrictions aim to ensure affordable housing for low-income individuals. - However, the AMI factor may make the rent unaffordable for some. - Check the current rental rates to assess affordability. Office Hours: - Island Woods office operates from Monday to Friday. - Office timings: 10 am - 6 pm. Waiting Lists: - It is common for apartments to have waiting lists these days. - Contact Island Woods directly using the provided phone number to inquire about applying and qualifying to live here.