Leech Lake Homes VIII

Various lots northeast of Wakonabo, Cass Lake, Minnesota 56633

Leech Lake Home is an affordable housing community that includes 12 two-bedroom homes, 10 three-bedroom homes and eight four-bedroom homes. Four of the 30 homes will be set aside for previously homeless families.

Eligibility for Leech Lake Homes VIII

Leech Lake Homes VIII Details

30 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

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.