About This Property
Sunwood Ramsey Townhomes offers 35 units of affordable housing in Ramsey, Minnesota, with 27 units designated for low-income households. The property includes 19 two-bedroom and 15 three-bedroom townhomes designed to serve families and has been in service since 2003. The community is owned by a non-profit organization and financed through HOME funding and 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Anoka County, MN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,174 |
| 1 Bedroom | $1,327 |
| 2 Bedroom | $1,622 |
| 3 Bedroom | $2,188 |
| 4 Bedroom | $2,478 |
Income Limits - Anoka County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $42,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,650
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,850
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,050
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,250
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,750 | $55,950 |
| 2 Persons | $25,200 | $42,000 | $63,950 |
| 3 Persons | $28,350 | $47,250 | $71,950 |
| 4 Persons | $31,450 | $52,450 | $79,900 |
| 5 Persons | $34,000 | $56,650 | $86,300 |
| 6 Persons | $36,500 | $60,850 | $92,700 |
| 7 Persons | $40,120 | $65,050 | $99,100 |
| 8 Persons | $44,660 | $69,250 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Ramsey, MN?+
The Fair Market Rent (FMR) for Anoka County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Sunwood Ramsey Townhomes Fka Ramsey Th is typically 30% of household income or less.
What size apartments are available at Sunwood Ramsey Townhomes Fka Ramsey Th?+
Sunwood Ramsey Townhomes Fka Ramsey Th offers the following unit types: 19 Two-Bedroom, 15 Three-Bedroom units, for a total of 35 units.
What are the income limits for affordable housing in Anoka County, MN?+
For a 4-person household in Anoka County, MN, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who is eligible to live at Sunwood Ramsey Townhomes Fka Ramsey Th?+
Sunwood Ramsey Townhomes Fka Ramsey Th primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Ramsey, MN?+
Based on Fair Market Rent for Anoka County, the estimated price range is: 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Sunwood Ramsey Townhomes Fka Ramsey Th may be lower for income-eligible households.
Who manages Sunwood Ramsey Townhomes Fka Ramsey Th?+
Sunwood Ramsey Townhomes Fka Ramsey Th is managed by . You can reach them at .
How do I apply for housing at Sunwood Ramsey Townhomes Fka Ramsey Th?+
Sunwood Ramsey Townhomes Fka Ramsey Th is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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