Elm Creek Apartments is managed by Peak Living, LLC.
Elm Creek offers spacious 1-bedroom, 2-bedroom and 3-bedroom apartment homes at affordable prices. Residents of ElmCreek enjoy homes with large kitchens including dishwashers and breakfast bars and also include a private garage. In addition to great apartments, property amenities include a clubhouse with community room, community kitchen, cozy fireplace and fitness room. Their landscaped courtyard offers a huge playground area, basketball court, picnic areas and more! Elm Creek is located near shopping, dining, entertainment, and easy access to Elm Creek Park Reserve.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Elm (1/1) | 720 | From $1,275 To $1,354 |
Willow (2/1) | 920 | Call for Price |
Birch (2/1) | 920 | From $1,564 To $1,629 |
Banyan (3/2) | 1200 | $1,881 |
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 Champlin but actual income limits may differ for units at Elm Creek Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $43,500 | $49,700 | $55,900 | $62,100 | $67,100 | $72,050 |
Low Income (60%) | $52,200 | $59,640 | $67,080 | $74,520 | $80,520 | $86,460 |
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.