Bridge Run Townhomes

100 E State St, Cannon Falls, Minnesota 55009

Contact Bridge Run Townhomes

Beautiful townhomes in a traditional neighborhood design that fits right in with surrounding residential homes. These three bedroom townhomes provide families with ample space and storage. Sidewalks create access from the front porches to the street. An application fee of $25 per adult plus a security deposit equal to one month of rent is due with your application.

Unit (Bd/Ba)	Ft²	Rent
3 Bedroom (3/2)	1	$840

Eligibility for Bridge Run Townhomes

Bridge Run Townhomes Details

18 three bedroom units.
Water and Sewer utilities included in rent
HOME Investment Partnerships Program
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Garage
Off-Street Parking
Peaceful Community
Landscaping
Smoke Free

Unit Amenities

Central Air
Dishwasher
Microwave
Washer and Dryer Hookup
Spacious Closets
Patio Deck Or Balcony
Private Entrance
Refrigerator
Water Trash and Sewer Included
Stove

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.

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.