About This Property
Bridge Run Townhomes comprises 18 three-bedroom townhomes in Cannon Falls, Minnesota, with 17 units designated for low-income residents. The property has been in service since 2012 and is situated in Goodhue County. Management and additional information are available through direct contact with the property.
Property Details
Fair Market Rent - Goodhue 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 | $737 |
| 1 Bedroom | $874 |
| 2 Bedroom | $1,046 |
| 3 Bedroom | $1,474 |
| 4 Bedroom | $1,775 |
Income Limits - Goodhue County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,700
- Low (80%)
- $49,100
- Extremely Low (30%)
- $21,050
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
- Extremely Low (30%)
- $23,700
- Very Low (50%)
- $39,450
- Low (80%)
- $63,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,800
- Low (80%)
- $70,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,350
- Low (80%)
- $75,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,850
- Low (80%)
- $81,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,350
- Low (80%)
- $86,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,850
- Low (80%)
- $92,550
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,700 | $49,100 |
| 2 Persons | $21,050 | $35,050 | $56,100 |
| 3 Persons | $23,700 | $39,450 | $63,100 |
| 4 Persons | $26,500 | $43,800 | $70,100 |
| 5 Persons | $31,040 | $47,350 | $75,750 |
| 6 Persons | $35,580 | $50,850 | $81,350 |
| 7 Persons | $40,120 | $54,350 | $86,950 |
| 8 Persons | $44,660 | $57,850 | $92,550 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cannon Falls, MN?+
The Fair Market Rent (FMR) for Goodhue County, MN is: $737 (Studio), $874 (1BR), $1046 (2BR), $1474 (3BR), $1775 (4BR). Actual rent at subsidized properties like Bridge Run Townhomes is typically 30% of household income or less.
What size apartments are available at Bridge Run Townhomes?+
Bridge Run Townhomes offers the following unit types: 18 Three-Bedroom units, for a total of 18 units.
Who manages Bridge Run Townhomes?+
Bridge Run Townhomes is managed by . You can reach them at .
What are the income limits for affordable housing in Goodhue County, MN?+
For a 4-person household in Goodhue County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,800, Low Income (80% AMI): $70,100. These limits are set by HUD and updated annually.
What is the price range for apartments in Cannon Falls, MN?+
Based on Fair Market Rent for Goodhue County, the estimated price range is: 3-bedroom: $1474. Actual rent at Bridge Run Townhomes may be lower for income-eligible households.
How do I apply for housing at Bridge Run Townhomes?+
Bridge Run Townhomes 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
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