Carver Ridge Townhomes

340 Crosstown Blvd, Chaska, Minnesota 55318

Carver Ridge features spacious floor plans with one- and two-bedroom garden-style apartments, as well as two- and three-bedroom townhomes. Amenities include an entry closet for extra storage, available designer finishes throughout the apartment home, and large windows. This community features an on-site fitness center, clothing care center, playground, and more. 

Eligibility for Carver Ridge Townhomes

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 Chaska but actual income limits may differ for units at Carver Ridge Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $43,500 $49,700 $55,900 $62,100 $67,100 $72,050 $77,050 $82,000
Low Income (60%) $52,200 $59,640 $67,080 $74,520 $80,520 $86,460 $92,460 $98,400

Carver Ridge Townhomes Details

  • 92 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.

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