Rivertown Commons

212 2nd St N, Stillwater, Minnesota 55082

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Eligibility for Rivertown Commons

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 Stillwater but actual income limits may differ for units at Rivertown Commons.

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 Stillwater but actual income limits may differ for units at Rivertown Commons.

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

Rivertown Commons Details

  • 96 bedroom units.
  • Section 8 Project-Based Rental Assistance (PBRA)
  • Section 221 (d) (3)
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.

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