About This Property
Taylors Falls Affordable Townhomes comprises 12 low-income rental units in Chisago County, Minnesota, with a unit mix of two 1-bedroom, six 2-bedroom, and four 3-bedroom homes. The property has been in service since 1998 and receives 9% Low-Income Housing Tax Credit funding. The townhomes serve households with income restrictions and provide rental options across multiple unit sizes.
Property Details
Fair Market Rent - Chisago 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 - Chisago 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 Taylors Falls, MN?+
The Fair Market Rent (FMR) for Chisago County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Taylors Falls Affordable Townhomes is typically 30% of household income or less.
What size apartments are available at Taylors Falls Affordable Townhomes?+
Taylors Falls Affordable Townhomes offers the following unit types: 2 One-Bedroom, 6 Two-Bedroom, 4 Three-Bedroom units, for a total of 12 units.
What is the price range for apartments in Taylors Falls, MN?+
Based on Fair Market Rent for Chisago County, the estimated price range is: 1-bedroom: $1327, 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Taylors Falls Affordable Townhomes may be lower for income-eligible households.
How do I apply for housing at Taylors Falls Affordable Townhomes?+
Taylors Falls Affordable Townhomes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, 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.
What are the income limits for affordable housing in Chisago County, MN?+
For a 4-person household in Chisago 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 manages Taylors Falls Affordable Townhomes?+
Taylors Falls Affordable Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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