The Arbors at McCormick Park Apartments

702 23rd St S, Fargo, North Dakota 58103

Contact The Arbors at McCormick Park Apartments

The Arbors at McCormick Park is an affordable housing community in Fargo, ND. The Arbors includes 186 units of efficiency, two and three bedroom apartments all of which have recently been completely renovated in 2019 to include new kitchens, bathrooms flooring and paint throughout, light fixtures, windows and AC units. The property itself has benefited from a year long multi million dollar renovation that resulted in a new Leasing Officer and Community Center full of amenities for residents such as a fitness center, computer lab, community room, kitchen and cafe. To qualify for housing at The Arbors, household income must not exceed 60% of the area median income and our residents pay no more than 30% of their income towards housing. No voucher is needed to qualify for housing and applications and rental payments are all processed on site in our Leasing Office.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom (2/1)	682	Call for Price
Three Bedroom (3/1)	792	Call for Price

Eligibility for The Arbors at McCormick Park Apartments

The Arbors at McCormick Park Apartments Details

90 two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)
Section 236

Property Amenities

Fitness Center
On-Site Maintenance
Courtyard

Unit Amenities

Air Conditioning
Fireplace
Refrigerator
Heating

Office Hours

Day	Hours
Monday	8:00am-5:00pm
Tuesday	8:00am-5:00pm
Wednesday	8:00am-5:00pm
Thursday	8:00am-5:00pm
Friday	8:00am-5:00pm

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 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.

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.