About This Property
Fisher Townhomes comprises 10 townhome units in Fisher, Minnesota, including four 2-bedroom and six 3-bedroom units designated as low-income housing. The property has been in service since 2000 and is owned and managed by a non-profit organization. The development utilizes 9% Low-Income Housing Tax Credits to support affordable housing in Polk County.
Property Details
Fair Market Rent - Polk 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 | $731 |
| 1 Bedroom | $736 |
| 2 Bedroom | $929 |
| 3 Bedroom | $1,309 |
| 4 Bedroom | $1,577 |
Income Limits - Polk County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,050
- Low (80%)
- $48,100
- Extremely Low (30%)
- $20,600
- Very Low (50%)
- $34,350
- Low (80%)
- $54,950
- Extremely Low (30%)
- $23,200
- Very Low (50%)
- $38,650
- Low (80%)
- $61,800
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $42,900
- Low (80%)
- $68,650
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $46,350
- Low (80%)
- $74,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $49,800
- Low (80%)
- $79,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $53,200
- Low (80%)
- $85,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $56,650
- Low (80%)
- $90,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,050 | $30,050 | $48,100 |
| 2 Persons | $20,600 | $34,350 | $54,950 |
| 3 Persons | $23,200 | $38,650 | $61,800 |
| 4 Persons | $26,500 | $42,900 | $68,650 |
| 5 Persons | $31,040 | $46,350 | $74,150 |
| 6 Persons | $35,580 | $49,800 | $79,650 |
| 7 Persons | $40,120 | $53,200 | $85,150 |
| 8 Persons | $44,660 | $56,650 | $90,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fisher, MN?+
The Fair Market Rent (FMR) for Polk County, MN is: $731 (Studio), $736 (1BR), $929 (2BR), $1309 (3BR), $1577 (4BR). Actual rent at subsidized properties like Fisher Townhomes is typically 30% of household income or less.
What size apartments are available at Fisher Townhomes?+
Fisher Townhomes offers the following unit types: 4 Two-Bedroom, 6 Three-Bedroom units, for a total of 10 units.
How do I apply for housing at Fisher Townhomes?+
Fisher 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.
Who manages Fisher Townhomes?+
Fisher Townhomes is managed by . You can reach them at .
What are the income limits for affordable housing in Polk County, MN?+
For a 4-person household in Polk County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $42,900, Low Income (80% AMI): $68,650. These limits are set by HUD and updated annually.
What is the price range for apartments in Fisher, MN?+
Based on Fair Market Rent for Polk County, the estimated price range is: 2-bedroom: $929, 3-bedroom: $1309. Actual rent at Fisher Townhomes may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
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