Lakewood Apartments

420 Bench St SW, Chatfield, Minnesota 55923

Contact Lakewood Apartments

Lakewood Apartments offer 1 bedroom senior housing in Chatfield, MN. The apartments are conveniently located near churches and are one half of a block from shopping. Lakewood is nestled into a quiet residential neighborhood just blocks from downtown. The building is secure and comes complete with community room for gatherings and birthday parties, an elevator, laundry room, most utilities paid for, and plenty of scheduled social activities. Rent at this property is based on income.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Income Based

Eligibility for Lakewood Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chatfield but actual income limits may differ for units at Lakewood Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$19,300	$22,050	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50%	$32,150	$36,750	$41,350	$45,900	$49,600	$53,250	$56,950	$60,600
80%	$51,450	$58,800	$66,150	$73,450	$79,350	$85,250	$91,100	$97,000

Lakewood Apartments Details

24 one bedroom units.
Water and Sewer utilities included in rent
Heat utility included in rent
Section 202 Supportive Housing for the Elderly
Section 221 (d) (3)

Property Amenities

Controlled Access
Community Room
Off-Street Parking
Laundry Facilities
Heat Included
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Garbage Disposal
Cable Ready
Water Trash and Sewer Included

Nearby Amenities

Close to Public Transportation

Office Hours

Day	Hours
Monday	8:00am-12:00pm
Tuesday	8:00am-12:00pm
Wednesday	8:00am-12:00pm
Thursday	8:00am-12:00pm
Friday	8:00am-12:00pm

Section 202 Supportive Housing for the Elderly

Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.