Park Place of Bemidji is managed by Center City Housing Corp.
The Park Place Apartment complex, managed by the Duluth-based Center City Housing Corp., includes 60 units, with 40 dedicated to single-room occupancy for those with chronic substance abuse problems and 20 efficiency apartments for the recently homeless.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Efficiency (Studio/1) | - | Call for Price |
1 Bedroom (1/1) | - | Call for Price |
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.