Gateway Place
721 Lake Susan Dr, Chanhassen, Minnesota 55317
Contact Gateway Place
Gateway Place is managed by Sand Property Management, LLC .
Their community of spacious one, two and three bedroom apartment homes feature modern oak cabinetry, energy efficient appliances, in-home washer and dryer and heated underground parking. Gateway Place is conveniently located off Highway 212 and Great Plains Blvd and close to Lake Susan Park, Chanhassen Target, two grocery stores and plenty of restaurant options!
Gateway Place participates in affordable housing programs. This means that their residents must meet certain minimum and maximum income requirements. Their professional on-site management team can help you determine if you qualify to make Gateway Place your home.
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 896 | Call for Price |
| 2 Bedroom (2/1) | 1216 | Call for Price |
| 3 Bedroom (3/2) | 1450 | Call for Price |
Eligibility for Gateway Place
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 Chanhassen but actual income limits may differ for units at Gateway Place.
| 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 |
Gateway Place Details
- 48 one, two and three bedroom units.
- Low-Income Housing Tax Credit (LIHTC)
Property Amenities
- Elevator
- Basketball Court
- Smoke Free
- Heat Included
Unit Amenities
- Dishwasher
- Cable Ready
- Walk-in Closet(s)
- Breakfast Bar
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.
Images of Gateway Place
Nearby Low Income Apartment Communities like Gateway Place
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.