Country Village

600 E Broadway St, Redwood Falls, Minnesota 56283

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Message Country Village

Country Village is managed by Essence Property Management, Inc.

This property offers market rate units, tax credit units and HUD project based units. Income restrictions apply for some units

Country Village offers a beautiful country feeling and is conveniently located in Redwood Falls. We offer affordable 1, 2 and 3 bedroom apartment homes that include all paid utilities in your rent.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - $439
Two Bedroom (2/1) - $501
Three Bedroom (3/1) - $576

Eligibility for Country Village

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 Redwood Falls but actual income limits may differ for units at Country Village.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
50% $30,900 $35,300 $39,700 $44,100 $47,650 $51,200

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 Redwood Falls but actual income limits may differ for units at Country Village.

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

Country Village Details

  • 60 one, two and three bedroom units.
  • $35.00 application fee
  • Water and Sewer utilities included in rent
  • Electricity utility included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 221 (d) (3)
  • Section 236

Property Amenities

  • Playground
  • On-Site Manager
  • Landscaping
  • Snow Removal
  • On-Site Maintenance
  • Picnic Area

Unit Amenities

  • Air Conditioning
  • Utilities Included
  • Window Coverings
  • Refrigerator
  • Stove
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 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.

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