Trail Point Ridge

16397 Glory Ln, Eden Prairie, Minnesota 55344

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Trail Point Ridge is managed by CommonBond Communities.

Trail Pointe Ridge will be a 58 unit building that will have an elevator and a mixture of 1, 2 and 3 bedrooms. Trail Pointe Ridge will have tax credit units and will also be accepting HRA Vouchers. 

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 738 Call for Price
2 Bedroom (2/1) 957 $1,030
3 Bedroom (3/2) 1234 $1,447

This property is currently under construction.

Opening September 2020

Eligibility for Trail Point Ridge

Trail Point Ridge Details

  • 58 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Manager
  • 24hr Emergency Maintenance
  • On-Site Maintenance
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Window Coverings
  • Refrigerator
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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