Pine Ridge Apartments

624 River Rd, Grand Rapids, Minnesota 55744

Contact Pine Ridge Apartments

Pine Ridge Apartments is located in Grand Rapids which is in northeast Minnesota and is known for its distinguished fishing lakes and forests, as well as its convenience to the Twin Cities. Grand Rapids is rich in culture, historical attractions, and parks and forests. The community offers many annual events ranging from the County Fair, Riverboat, Sled Dogs, Car Shows, Lumberjacks, Rodeo, and so much more. This community features 40 one bedroom, 8 two bedroom, and 12 three bedroom apartments. We offer affordable housing to people who are 62 years of age or older, and individuals with a disability.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	650	Call for Price
2 Bedroom (2/1)	900	Call for Price
3 Bedroom (3/2)	1100	Call for Price

Eligibility for Pine Ridge 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 Grand Rapids but actual income limits may differ for units at Pine Ridge Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$18,550	$21,200	$24,860	$30,000	$35,140	$40,280
50%	$30,900	$35,300	$39,700	$44,100	$47,650	$51,200
80%	$49,400	$56,450	$63,500	$70,550	$76,200	$81,850

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 Grand Rapids but actual income limits may differ for units at Pine Ridge Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$30,900	$35,300	$39,700	$44,100	$47,650	$51,200

Pine Ridge Apartments Details

100 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
Elevator
Community Room
Off-Street Parking
Senior Meal Delivery
Laundry Facilities
Wheel Chair Accessible
On-Site Laundry

Unit Amenities

Dishwasher
Garbage Disposal
Spacious Closets
Storage
Refrigerator
Water Trash and Sewer Included
Balconies or Patios Available

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.