Ridgeview Court Townhomes

326 Spruce St, Paynesville, Minnesota 56362

Contact Ridgeview Court Townhomes

Ridgeview Court Townhomes offer 2 and 3 bedroom townhomes. No pets allowed.

Unit (Bd/Ba)	Ft²	Rent
2 Bedroom (2/1)	1	$620
3 Bedroom (3/1)	1	$670

Eligibility for Ridgeview Court 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 Paynesville but actual income limits may differ for units at Ridgeview Court Townhomes.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$32,750	$37,400	$42,100	$46,750	$50,500	$54,250
Low Income (60%)	$39,300	$44,880	$50,520	$56,100	$60,600	$65,100

Ridgeview Court Townhomes Details

20 two and three bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Playground
Smoke Free

Unit Amenities

Air Conditioning
Dishwasher
Washer and Dryer Hookup
Private Entrance
Sewer Included
Water Included

Office Hours

Day	Hours
Monday	9:00am-11:00am
Tuesday	9:00am-11:00am
Thursday	6:00pm-8:00pm

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.