About This Property
Cannon Falls Congregate Stonehouse contains 32 units in Cannon Falls, Minnesota, with 24 units designated for low-income residents. The property has been in service since 1996 and operates as a congregate housing community in Goodhue County.
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 |
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 Cannon Falls Congregate Stonehouse is typically 30% of household income or less.
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.
How do I apply for housing at Cannon Falls Congregate Stonehouse?+
Cannon Falls Congregate Stonehouse 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.
Who manages Cannon Falls Congregate Stonehouse?+
Cannon Falls Congregate Stonehouse is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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