Northpoint Townhomes
610 Air Park Dr, Aitkin, Minnesota 56431
Contact Northpoint Townhomes
Northpoint Townhomes is managed by CommonBond Communities.
Northpoint Townhomes, located in Aitkin, MN, offers spacious 2 and 3 bedroom apartments. Amenities include a community room, computer lab, and more! At Northpoint Townhomes, qualifying residents pay approximately 30% of their adjusted gross monthly income for rent.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/1) | 907 | $803 |
| 3 Bedroom (3/1) | 1056 | Call for Price |
Eligibility for Northpoint Townhomes
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Aitkin but actual income limits may differ for units at Northpoint Townhomes.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| 30% | $18,550 | $21,200 | $24,860 | $30,000 | $35,140 | $40,280 |
| 50% | $30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 |
| 80% | $49,400 | $56,450 | $63,500 | $70,550 | $76,200 | $81,850 |
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Aitkin but actual income limits may differ for units at Northpoint Townhomes.
| AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
|---|---|---|---|---|---|---|
| Very Low Income (50%) | $30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 |
Northpoint Townhomes Details
- 32 two and three bedroom units.
- Townhouse
- Low-Income Housing Tax Credit (LIHTC)
- Section 8 New Construction
- Section 8 Project-Based Rental Assistance (PBRA)
- Section 221 (d) (3)
Property Amenities
- Playground
- Computer Lab
- Community Room
- On-Site Manager
- Off-Street Parking
- Smoke Free
Unit Amenities
- Washer and Dryer Hookup
- Window Coverings
- Heat and Air
Nearby Amenities
- Near Park
- Near Church
- Near Shopping
Office Hours
| Day | Hours |
|---|---|
| Monday | 6:00am-2:00pm |
| Wednesday | 6:00am-2:00pm |
| Friday | 6:00am-10:00am |
Low-Income Housing Tax Credit (LIHTC)
Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.
Section 8 Project-Based Rental Assistance (PBRA)
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
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