Hillside Terrace

207 E 7th Street, Monticello, Minnesota 55362

Contact Hillside Terrace

Hillside Terrace offers classic 1, 2 and 3 bedroom apartment homes with gigantic great rooms and spacious kitchens! Select homes offer a washer and dryer, plus we offer laundry facilities on site. Spectacular location to Monticello, here you are quickly able to easily navigate downtown and you are close to shopping and restaurants as well. Schedule your personal tour of affordable Hillside Terrace II today!

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	680	$700
Two Bedroom (2/1)	870	$725
Three Bedroom (3/1)	1010	$740

Eligibility for Hillside Terrace

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 Monticello but actual income limits may differ for units at Hillside Terrace.

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

Hillside Terrace Details

12 one, two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Controlled Access
On-Site Manager
Off-Street Parking
Laundry Facilities
High Speed Internet Access
24 Hour Maintenance

Unit Amenities

Cable Ready

Nearby Amenities

Close to Downtown District
Close to Shopping
Near Restaurants

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	8:00am-4:30pm

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.

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.