Stone Creek Townhomes

501 Hatting St, Luverne, Minnesota 56156

Contact Stone Creek Townhomes

The Stone Creek townhomes have a safe playground and courtyard for children to play. It is just minutes from downtown Luverne and 30 minutes from Sioux Falls. This community offers 2 and 3 bedroom townhomes. A security deposit equal to one month of rent will be due at time of lease signing.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	1	Income Based
3 Bedroom (3/1)	1	Income Based

Eligibility for Stone Creek Townhomes

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 Luverne but actual income limits may differ for units at Stone Creek Townhomes.

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

Stone Creek Townhomes Details

24 two and three bedroom units.
Water and Sewer utilities included in rent
Section 8 Project-Based Rental Assistance (PBRA)
HOME Investment Partnerships Program

Property Amenities

Playground
On-Site Manager
Off-Street Parking
Landscaping
Smoke Free
Courtyard
Laundry Facility
On-Site Laundry

Unit Amenities

Handicapped Accessible
Washer and Dryer Hookup
Spacious Closets
Patio Deck Or Balcony
Private Entrance
Refrigerator
Water Trash and Sewer Included
Stove
Heat and Air

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.