Crown Ridge Apartments

11367 Fairfield Rd W, Minnetonka, Minnesota 55305

Contact Crown Ridge Apartments

Crown Ridge Apartments, located in Minnetonka, MN, offer one to three bedroom units ranging in size from 670 to 1184 sq. ft. Features include controlled access entry, community room, computer lab, and more. Fully accessible units are available.

Crown Ridge Apartments participates in an affordable housing program. Applicants must meet income qualification; total household gross income is based on 60% of the median income adjusted for household size. Section 8 Voucher holders are encouraged to apply!

Unit (Bd/Ba)	Ft²	Rent
1x1 (1/1)	670	Call for Price
2x1 (2/1)	915	Call for Price
3x2 (3/2)	1184	Call for Price

Eligibility for Crown Ridge Apartments

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 Minnetonka but actual income limits may differ for units at Crown Ridge 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

Crown Ridge Apartments Details

64 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
FHA Mortgage Insurance/subsidy
Section 221 (d) (3)

Property Amenities

Controlled Access
Elevator
Playground
Computer Lab
Community Room
On-Site Manager
Laundry Facilities
Accessible Apartments
Heat Included

Unit Amenities

Fully Equipped Kitchen
Individual heating and cooling systems

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.