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Larson Commons: An Affordable Housing Option Location: Cloquet, MN Overview: Larson Commons offers rental apartments that are supported by the Low-Income Housing Tax Credit (LIHTC) program. These apartments provide an affordable housing option with rent and income restrictions in place. This initiative encourages builders and developers to cater to the needs of low-income individuals by offering incentives. Rent Limits: The maximum rent charged at Larson Commons is determined based on the Area Median Income (AMI). This ensures that the apartments remain within an affordable range for residents. Apartment Details: Larson Commons features a total of 84 one and two bedroom apartments designed for low-income individuals and families seeking quality housing options. Office Hours: For your convenience, Larson Commons operates during the following hours: - Monday - Thursday: 8:00 am - 3:30 pm Waitlist Information: Due to high demand, most apartments these days come with waiting lists. However, you have the opportunity to contact Larson Commons directly using the provided contact number. It is advised to inquire about availability and eligibility criteria for applying to live in this community. HUD Subsidies: Importantly, Larson Commons accepts HUD subsidies, making it an excellent choice for those who qualify for low-income housing. If you meet the eligibility requirements and there are available apartments, the rent is calculated based on 30% of your Adjusted Gross Income. Feel free to call for additional details. Apartment Options: - 1 bedroom apartments at location - 2 bedroom apartments at location By organizing the information under distinct headings, this rewritten text introduces a fresh structure while conveying the necessary details about Larson Commons as an affordable housing option.
810 Cloquet Ave, Cloquet, MN 55720
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