Cedar Run Townhomes

2300 N Cedar Ave, Owatonna, Minnesota 55060

Contact Cedar Run Townhomes

Cedar Run Townhomes are located on the NE end of Owatonna and two miles from Interstate 35. All the townhomes have three bedrooms. The amenitiies include washer and dryer in every apartment, dishwasher, stove, refrigerator, central air and one car attached garage. Each townhome has a front and back patio, large bedrooms with cable and phone hook-ups. We have on site management and daily maintenance. Residents can enjoy 6 major parks, 3 golf courses, outdoor waterpark, miniature golf and great shopping. Owatonna has great schools, lots of resturants, 5 work out centers, Little Theatre Plays and indoor tennis courts. Owatonna has Lake Kolmeyer to swim, fish and canoe. Owatonna is a great community.

Eligibility for Cedar Run Townhomes

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 Owatonna but actual income limits may differ for units at Cedar Run Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$33,600	$38,400	$43,200	$48,000	$51,850	$55,700	$59,550	$63,400
Low Income (60%)	$40,320	$46,080	$51,840	$57,600	$62,220	$66,840	$71,460	$76,080

Cedar Run Townhomes Details

24 bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Basketball Court
24hr Emergency Maintenance
Garage
Experienced Management
Landscaping
Snow Removal
Bus available
Month to Month Leases available upon Renewal
Lawn Care
After Hours Call Service

Unit Amenities

Air Conditioning
Ceiling Fan(s)
Dishwasher
Spacious Closets
Patio Deck Or Balcony
Refrigerator
Water Trash and Sewer Included
Kitchen Pantry
Heat and Hot Water Included
Bathroom Grab Bars
Sprinkler
Blinds
Central Heat & Air
Stove
Programmable Thermostats
Cable & Internet Ready
Fully Equipped Kitchen
Washer and Dryer Included

Nearby Amenities

Near Shopping

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.