Onamia Town Square is managed by MetroPlains Management, LLC.
Onamia Town Square is an affordable complex offering separate buildings for families and for those 62 years of age or older or handicapped & disabled regardless of age. Our senior building offers one bedroom apartments with bathroom grab bars and emergency pull cords. Our senior amenities also include a community room for socializing. Our family buildings offer two and three bedroom apartments, with many amenities. We are just minutes from Mille Lacs Lake, which offers fishing and golf areas, with 80 miles of shoreline that provides unlimited fishing activities, charters, beaches and resorts. Call us today for more information.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 BR Sr. (1/1) | 575 | Income Based |
2 BR Fam (2/1) | 795 | Income Based |
3 BR Fam (3/2) | 1026 | Income Based |
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 Onamia but actual income limits may differ for units at Onamia Town Square.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 |
Low Income (60%) | $37,080 | $42,360 | $47,640 | $52,920 | $57,180 | $61,440 |
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.
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.
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.