Shakopee Village Senior Apartments

1428 4th Ave E, Shakopee, Minnesota 55379

Welcome to Shakopee Village Apartments. For elderly families 62 years of age or older, or with disabilities who may or may not be elderly. This community offers 1 bedroom apartments. This community is located near beautiful parks and is close to the Minnesota River Valley in Shakopee, MN. Spaces feature beautiful cabinets, microwaves, closet space and non-smoking units are available.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	522	Income Based

Eligibility for Shakopee Village Senior Apartments

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 Shakopee but actual income limits may differ for units at Shakopee Village Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
30%	$26,100	$29,800	$33,550	$37,250	$40,250	$43,250	$46,200	$50,560
50%	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050	$77,050	$82,000
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800	$117,400	$124,950

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 Shakopee but actual income limits may differ for units at Shakopee Village Senior Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050	$77,050	$82,000

Shakopee Village Senior Apartments Details

62 one bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)

Property Amenities

Controlled Access
BBQ and Picnic Area
On-Site Manager
On-Site Maintenance
Laundry Facilities
Heat Included

Unit Amenities

Utilities Included
Water Trash and Sewer Included

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.