Cokato Parkview Apartments

260 3rd St SW, Cokato, Minnesota 55321

Contact Cokato Parkview Apartments

Cokato Parkview Apartments & Townhomes are a quiet, smoke free community just minutes from downtown Cokato and close to financial institutions, convenience stores, places of worship, city offices and the post office. All applicants must pass a criminal and credit check and pay a $400.00 security deposit before move-in.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	606	From $575 To $630
2 Bedroom (2/1)	833	From $670 To $685
3 Bedroom (3/1)	1026	From $755 To $810

Eligibility for Cokato Parkview Apartments

Cokato Parkview Apartments Details

24 one, two and three bedroom units.
Water and Sewer utilities included in rent
Section 515 Rural Rental Housing
Low-Income Housing Tax Credit (LIHTC)
Section 521 USDA Rental Assistance

Property Amenities

Playground
Off-Street Parking
Laundry Facility
On-Site Laundry

Unit Amenities

Security System
Water Trash and Sewer Included

Nearby Amenities

Close to Shopping
Near Restaurants

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

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.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.