Olson Townhomes

501 Girard Terrace, Minneapolis, Minnesota 55405

Olson Towne Homes is located in a beautiful and quiet Minneapolis neighborhood. The one, two and three bedroom townhomes all have full basements with laundry hook-ups available. There is full time on-site management and maintenance as well as a central laundry and a community room for resident use. Off street parking is provided, as well as a play area for children. Applications are accepted in the site office.

Unit (Bd/Ba)	Ft²	Rent
One Bedroom One Bath (1/1)	800	Call for Price
Two Bedroom One Bath (2/1)	962	Call for Price
Three Bedroom One Bath (3/1)	1028	Call for Price

Eligibility for Olson 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 Minneapolis but actual income limits may differ for units at Olson Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$26,100	$29,800	$33,550	$37,250	$40,250	$43,250
50%	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800

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 Minneapolis but actual income limits may differ for units at Olson Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050

Olson Townhomes Details

92 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)

Property Amenities

Playground
Community Room
On-Site Manager
Off-Street Parking
On-Site Maintenance
Laundry Facility

Unit Amenities

Private Entrance
Laundry Hookups

Nearby Amenities

Close to Shopping
Near Bus Line

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Friday	9:00am-5:00pm

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.