Country Terrace Apartments

432 Pine Ave S, Motley, Minnesota 56466

Contact Country Terrace Apartments

Country Terrace Apartments is an apartment community with 2 & 3 bedroom units. Income restrictions apply. $400 security deposit and 1-year lease required. This community offers an on-Site Caretaker. NO PETS ALLOWED!!!!

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	736	Call for Price
3 Bedroom (3/1)	862	Call for Price

Eligibility for Country Terrace Apartments

Country Terrace Apartments Details

24 two and three bedroom units.
Heat utility included in rent
Low-Income Housing Tax Credit (LIHTC)
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Controlled Access
Playground
Off-Street Parking
Experienced Management
Coin-Operated Laundry
Smoke Free
Heat Included

Unit Amenities

Air Conditioning
Refrigerator
Sewer Included
Water Included
Stove

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.

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.