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Affordable Housing in Rivertown Commons, Stillwater, MN Introduction: Rivertown Commons presents a Low-Income Housing Tax Credit complex, catering to individuals seeking affordable housing options. Supported by the LIHTC program, these rental apartments offer suitable rent and income restrictions in compliance with the initiative. By granting incentives to builders and developers, LIHTC aims to provide adequate housing solutions for low-income individuals. The maximum rent charged aligns with the Area Median Income (AMI) for the region. With 95 low-income one and two-bedroom apartments available, Rivertown Commons brings accessible living spaces to the community. Office Hours: To assist you better, our offices are open from Monday to Friday, between 10:00 am and 4:00 pm. Waiting Lists: Given the current demand for apartments, waiting lists have become commonplace. However, Rivertown Commons provides essential contact information so that interested individuals can directly inquire about availability and qualification criteria. Please reach out to the provided phone number to explore if you qualify to apply for residency here. HUD Subsidies: It is important to note that this apartment complex accepts HUD subsidies. If you meet the eligibility requirements for low-income housing and apartments are available, the rent for such units is calculated based on 30% of your Adjusted Gross Income. Contact us for further information. Apartment Options: 1. One-Bedroom Apartments: Explore cozy one-bedroom apartments at Rivertown Commons. 2. Two-Bedroom Apartments: Discover spacious two-bedroom apartments at Rivertown Commons. Conclusion: Rivertown Commons stands as a beacon of hope for affordable housing seekers. With its adherence to LIHTC guidelines and provisions for HUD subsidies, this complex offers an opportunity to secure a comfortable living space at a reasonable cost. Reach out to us today to check availability and embark on the journey towards your ideal home.
212 2nd St N, Stillwater, MN 55082
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