Chateau Heights
1835 Apartments Dr., Traverse City, MI 49684
Family · 8 2BR
Managed by Kmg Prestige INC
- Units
- 8
- Rental assistance
- 6
- Vacant
- 1
- Accessible
- 1
- Opened
- 1981
Michigan
USDA rental housing in Grand Traverse County, MI
4 properties in Grand Traverse County have USDA Section 515 or 514 financing: 246 apartments in Traverse City. 179 of those units carry USDA rental assistance, which ties what an eligible tenant pays to income.
4properties
246apartments
179rental assistance units
12vacant units reported
Equal housing opportunity. Properties financed by USDA Rural Development must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin. If you believe you were treated unfairly, you can file a complaint with HUD at 1-800-669-9777 or with USDA at 866-632-9992.
Open Country does not own, manage or rent these properties and does not take applications. Contact each property's management company for availability, rents and eligibility. Listings come from USDA's public data and may be out of date.
Chateau Operations Ltd C/o Corp Ofc
15816 Center RD, Traverse City, MI 49686
Family · 1 1BR · Section 514 on-farm labor housing
Managed by Chateau Operations Ltd
- Units
- 1
- Rental assistance
- 0
- Vacant
- 0
- Accessible
- 0
- Opened
- 2007
Hillview Terrace
601 Fetzhugh Drive, Traverse City, MI 49684
Elderly · 116 1BR, 9 2BR
Managed by First Housing Corporation
- Units
- 125
- Rental assistance
- 97
- Vacant
- 2
- Accessible
- 7
- Opened
- 1981
Woda Boardman Lakes
2790 Boardman Lake Dr, Traverse City, MI 49684
Family · 46 1BR, 50 2BR, 12 3BR, 4 4BR
Managed by Tm Associates Management, INC
- Units
- 112
- Rental assistance
- 76
- Vacant
- 9
- Accessible
- 12
- Opened
- 1989
Source: USDA Rural Development, Section 515/514 active properties file (data as of October 19, 2026). Vacancies are as USDA last recorded them, not live availability.
Who can rent here
USDA-financed apartments are for very low, low and moderate income households (7 CFR 3560.152), and elderly and congregate properties also require a household that meets USDA's definition of elderly. In a unit with USDA rental assistance, the tenant pays the highest of 30% of monthly adjusted income, 10% of gross monthly income or a welfare shelter allowance, and the assistance covers the rest of the rent (7 CFR 3560.203). Each property's manager checks income against USDA's limits for the area when you apply and can tell you whether a unit with rental assistance is open.
For owners and buyers
Ownership: 3 limited-profit, 1 full-profit. 1 also has housing tax credits. 1 serves elderly tenants. USDA's file shows use restrictions on 1 property here ending by 2031. Owners of aging 515 properties can use a Section 538 guaranteed loan to finance a transfer and rehab, at USDA's lower 60 and 25 basis point preservation fees. How 515 transfers work with 538.
Every property in one file: 515/514 portfolio download (CSV and JSON).