Camelot Square Apartments II & III is managed by Pinnacle Family of Companies.
Located in Coon Rapids, Minnesota you’ll find comfort and convenience at Camelot Square. Our community offers spacious one, two and three bedroom apartment homes that feature fully-equipped kitchens, nine foot ceilings and breakfast bars. Residents can also enjoy our luscious landscaping, playground, and BBQ picnic areas! Easy access to I-10 puts you in a great location where residents enjoy numerous shopping and dining venues nearby. Lease today to experience comfortable and convenient living at its best!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
sybil (Studio/1) | 520 | $850 |
clarinda (1/1) | 685 | $940 |
cadbury (2/1) | 810 | $1,050 |
lancelot (2/2) | 910 | $1,230 |
morgan (2/1) | 935 | $1,130 |
lionel (2/1) | 990 | $1,180 |
arthur (2/1) | 995 | $1,140 |
merlin (3/2) | 960 | $1,340 |
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 Coon Rapids but actual income limits may differ for units at Camelot Square Apartments II & III.
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.