Kestrel Woods

1604 Anderson Ave, Buffalo, Minnesota 55313

Kestrel Woods Townhomes are located in Buffalo, Minnesota and feature 3 and 4 bedroom townhomes at an affordable price.

Unit (Bd/Ba) Ft2 Rent
3 Bedroom (3/2) 904 Call for Price
4 Bedroom (4/2) 1260 Call for Price

Eligibility for Kestrel Woods

Kestrel Woods Details

  • 30 three and four bedroom units.
  • FHA Mortgage Insurance/subsidy
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
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.

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