Prairiewood Townhomes

1515 Deerwood Lane, Faribault, Minnesota 55021

Contact Prairiewood Townhomes

This Smoke Free property has an attached, tuck under garage, balcony and central air. Private entrances and decks allow residents their personal space and areas to decorate for each season. Each unit has a softener system and an Energy Star washer and dryer in the unit. This community offers 2, 3, and 4 bedroom townhomes. An application fee of $35 plus a security deposit equal to one month of rent is due with your application.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/2)	1	$730
3 Bedroom (3/2)	1	$855
4 Bedroom (4/2)	1	$928

Eligibility for Prairiewood Townhomes

Prairiewood Townhomes Details

30 two, three and four bedroom units.
$35.00 application fee
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
On-Site Manager
24hr Emergency Maintenance
Garage
Landscaping
Snow Removal
Lawn Care
Smoke Free

Unit Amenities

Handicapped Accessible
Dishwasher
Microwave
Vaulted Ceiling
Spacious Closets
Patio Deck Or Balcony
Private Entrance
Storage
Refrigerator
Water Trash and Sewer Included
Central Heat & Air
Stove
Washer and Dryer Included

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.