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 |
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.
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.
Who manages Fisher Townhomes?+
Fisher Townhomes is managed by . You can reach them at .
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.
Walk Score
Almost All Errands Require a Car
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