Hinckley Square Apartments

About This Building

Affordable Housing Options at 107 & 109 Third St SW Rural Development & Section 42 - Income Restrictions Program Looking for an Affordable Housing Option? If you need an affordable rental apartment, these apartments are supported by the LIHTC program and have income restrictions. The LIHTC Program: Promoting Affordable Housing The LIHTC program provides incentives to builders and developers to offer housing options for low-income individuals. The maximum rent is determined based on the Area Median Income (AMI). However, the AMI may still make this apartment unaffordable for low-income individuals. Check the current rental rates to determine affordability. Section 42 Credits: A Common Reference Section 42 credits, as commonly referred to in the Internal Revenue Code, are also awarded under this program. Waiting Lists and Application Process Many apartments have waiting lists nowadays. To see if you qualify and can apply to live here, contact the management directly using the provided number. Important Information about LIHTC Units If you are considering LIHTC units, note that the income of all adults residing in the apartment must be included and verified during the application process. Call for further details. Services Offered by the Apartments: - Professionally managed - Affordable rents - Oak cabinetry in all kitchens & baths - Water / Sewer / Trash included - Accessible unit available - Playground - Storage space - Public transportation Contact Information: CEPCO Management & Development 32 Tenth Ave. S, Suite 109, Hopkins, MN 55343