Trailside Acres

211 Sargent Dr, Red Wing, Minnesota 55066

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Trailside Acres is managed by SMR Management.

Trailside Acres offers 1, 2, and 3 bedroom apartments.

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 575 $605
2 Bedroom (2/1) 725 $844
3 Bedroom (3/1) 925 $990

Eligibility for Trailside Acres

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Red Wing but actual income limits may differ for units at Trailside Acres .

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
50% $35,900 $41,000 $46,150 $51,250 $55,350 $59,450

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 Red Wing but actual income limits may differ for units at Trailside Acres .

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $35,900 $41,000 $46,150 $51,250 $55,350 $59,450
Low Income (60%) $43,080 $49,200 $55,380 $61,500 $66,420 $71,340

Trailside Acres Details

  • 48 one, two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing
  • Section 811 PRA
  • Section 521 USDA Rental Assistance

Property Amenities

  • Playground
  • Secured Entry
  • On-Site Maintenance
  • Surveillance Cameras
  • Heat Included
  • On-Site Laundry

Unit Amenities

  • 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.

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 811 PRA

Some of the units at this property have received funding through HUD's Section 811 Project Rental Assistance (PRA) Program. For these PRA funded units, tenants must be extremely low-income (at or below 30% of Area Median Income) and at least one adult member of the household must have a disability. The person with the disability must be eligible for community-based, long-term services as provided under the state’s plan for medical assistance under Title XIX of the Social Security Act (Medicaid), state funded services or other appropriate services defined in the written partnership agreement.

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.

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