Pine River Square Townhouses

319 Murray Ave, Pine River, Minnesota 56474

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Pine River Square Townhouses is managed by CEPCO Management & Development Company.

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) 1074 $595
Three Bedroom (3/1) 1156 $675
Pine River Square Townhouses is accepting applications and does not have a waiting list.

Last updated on October 12th, 2018

Eligibility for Pine River Square Townhouses

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 Pine River but actual income limits may differ for units at Pine River Square Townhouses.

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

Pine River Square Townhouses Details

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

Property Amenities

  • Playground

Unit Amenities

  • Cable Ready
  • Water Trash and Sewer Included
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.

Images of Pine River Square Townhouses
Image of Pine River Square Townhouses
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