About This Property
Southridge Townhomes is a 24-unit townhome community in Kasson, Minnesota, providing 23 low-income housing units. The property features a mix of 12 two-bedroom and 12 three-bedroom units and has been in service since 2000. The development is financed through a 9% Low-Income Housing Tax Credit allocation.
Property Details
Fair Market Rent - Dodge 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 | $814 |
| 1 Bedroom | $927 |
| 2 Bedroom | $1,148 |
| 3 Bedroom | $1,618 |
| 4 Bedroom | $1,948 |
Income Limits - Dodge County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,950
- Very Low (50%)
- $34,900
- Low (80%)
- $55,850
- Extremely Low (30%)
- $23,950
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,900
- Low (80%)
- $71,800
- Extremely Low (30%)
- $29,900
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,850
- Low (80%)
- $86,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $57,850
- Low (80%)
- $92,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $61,850
- Low (80%)
- $98,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $65,850
- Low (80%)
- $105,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,950 | $34,900 | $55,850 |
| 2 Persons | $23,950 | $39,900 | $63,800 |
| 3 Persons | $26,950 | $44,900 | $71,800 |
| 4 Persons | $29,900 | $49,850 | $79,750 |
| 5 Persons | $32,300 | $53,850 | $86,150 |
| 6 Persons | $35,580 | $57,850 | $92,550 |
| 7 Persons | $40,120 | $61,850 | $98,900 |
| 8 Persons | $44,660 | $65,850 | $105,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Kasson, MN?+
The Fair Market Rent (FMR) for Dodge County, MN is: $814 (Studio), $927 (1BR), $1148 (2BR), $1618 (3BR), $1948 (4BR). Actual rent at subsidized properties like Southridge Townhomes is typically 30% of household income or less.
What size apartments are available at Southridge Townhomes?+
Southridge Townhomes offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at Southridge Townhomes?+
Southridge 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 Dodge County, MN?+
For a 4-person household in Dodge County, MN, the income limits are: Extremely Low Income (30% AMI): $29,900, Very Low Income (50% AMI): $49,850, Low Income (80% AMI): $79,750. These limits are set by HUD and updated annually.
What is the price range for apartments in Kasson, MN?+
Based on Fair Market Rent for Dodge County, the estimated price range is: 2-bedroom: $1148, 3-bedroom: $1618. Actual rent at Southridge Townhomes may be lower for income-eligible households.
Who manages Southridge Townhomes?+
Southridge Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
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Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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