Spruce Place

300 Spruce St, Farmington, Minnesota 55024

Contact Spruce Place

Spruce Place offers an affordable, easy lifestyle to seniors 62 years of age or better. Located in friendly Farmington, MN, Spruce Place combines the comfort of small-town living with the convenience of downtown. You'll be within easy reach of shops, restaurants, churches, a senior center, clinics, and much more! Their support services are designed to help residents live independently in a caring community. You will enjoy the activities, on-site wellness services, a computer lab, community room, lounge areas, and on-site laundry facilities.

At Spruce Place, qualified residents pay approximately 30% of their adjusted gross monthly income for rent.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	528	$866
Two Bedroom (2/1)	756	Call for Price

Eligibility for Spruce Place

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 Farmington but actual income limits may differ for units at Spruce Place.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$26,100	$29,800	$33,550	$37,250
50%	$43,500	$49,700	$55,900	$62,100
80%	$66,300	$75,750	$85,200	$94,650

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 Farmington but actual income limits may differ for units at Spruce Place.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100
Low Income (60%)	$52,200	$59,640	$67,080	$74,520

Spruce Place Details

61 one and two bedroom units.
Low Rise
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Elevator
Community Room
On-Site Parking
Smoke Free
Heat Included
On-Site Laundry

Unit Amenities

Sewer Included
Trash Included
Water Included

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.