Pine Street Apartments offer small town care free living at it’s finest. The building offers eight total units with your choice of 1,2, & 3 bedroom apartments. Security entrance building for your peace of mind. Included with your low monthly rent is your heat, water/sewer and garbage. Each unit is nicely equipped with all major appliances including stove, refrigerator and air conditioning units. Discover quiet small town living in your new apartment today in Foley, MN.
Income restrictions apply
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | - | Call for Price |
2 Bedroom (2/1) | - | Call for Price |
3 Bedroom (3/1) | - | Call for Price |
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 Foley but actual income limits may differ for units at Pine Street Apartments.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $32,750 | $37,400 | $42,100 | $46,750 | $50,500 | $54,250 |
Low Income (60%) | $39,300 | $44,880 | $50,520 | $56,100 | $60,600 | $65,100 |
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.