Prairie Avenue Townhomes consists of five townhome-style buildings. There are 24 apartments, including four one-bedroom, ten two-bedroom, and ten three-bedroom. Four apartments are accessible or adaptable to physically challenged people. On average, the one-bedroom apartments have 844 square feet, the two-bedroom apartments have 1,027 square feet, and the three-bedroom apartments have 1,203 square feet. Each apartment includes a combined living-dining room, a full kitchen, a full bathroom, and closet space. The apartments are fully carpeted and have vinyl flooring in the kitchen and bathroom. Each apartment is equipped with a frost-free refrigerator, range, dishwasher, range hood with light and exhaust fan, mini-blinds, and outside storage room. Each apartment has an attached garage with one driveway parking space.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 BR (1/1) | 844 | Income Based |
1 BR HC (1/1) | 844 | Income Based |
2 BR (2/1) | 1027 | Income Based |
3 BR (3/2) | 1203 | Income Based |
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 Dickinson but actual income limits may differ for units at Prairie Avenue Townhomes.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person |
---|---|---|---|---|---|---|
Very Low Income (50%) | $38,400 | $43,850 | $49,350 | $54,800 | $59,200 | $63,600 |
Low Income (60%) | $46,080 | $52,620 | $59,220 | $65,760 | $71,040 | $76,320 |
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.