Falcon Heights Town Square Apartments

1550 Larpenteur Ave W, Falcon Heights, Minnesota 55113

Contact Falcon Heights Town Square Apartments

This beautiful Apartment Community is located on the corner of Larpenteur and Snelling in the developing Town Square area of Falcon Heights, MN. Falcon Heights Town Square Apartments is a newer, 119-unit community providing quality housing for every lifestyle. The building offers beautiful 1, 2 & 3 bedroom apartment homes.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/2)	-	Call for Price

Eligibility for Falcon Heights Town Square 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 Falcon Heights but actual income limits may differ for units at Falcon Heights Town Square Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
50%	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050

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 Falcon Heights but actual income limits may differ for units at Falcon Heights Town Square Apartments.

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

Falcon Heights Town Square Apartments Details

119 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
24hr Emergency Maintenance
On Bus-line

Unit Amenities

Air Conditioning
Dishwasher
Spacious Closets
Carpet
Storage
Linen Closets
Intercom System
Blinds
Washer and Dryer Included
Trash Chutes

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.