River Run Apartments

1434 Marshall St NE, Minneapolis, Minnesota 55413

Contact River Run Apartments

River Run Apartments offers residents controlled-access entry, a community room, security cameras, and playground! All of the apartments at River Run are complete with gourmet kitchens, air conditioning, are cable/satellite ready, and come with window coverings. River Run is in a great location; its quiet residential community offers slow streets and convenient access to local schools and parks.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/2)	-	Call for Price

Eligibility for River Run 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 Minneapolis but actual income limits may differ for units at River Run Apartments.

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

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 River Run Apartments.

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
Low Income (60%)	$52,200	$59,640	$67,080	$74,520	$80,520	$86,460

River Run Apartments Details

74 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
On-Site Manager
Laundry Facilities
Smoke Free
High Speed Internet Access
Wheel Chair Accessible

Unit Amenities

Air Conditioning
Security System
Sprinkler

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.