About This Property
Lincoln Place, also known as Diamond Estates, offers 48 affordable rental units in Mahtomedi serving families in Washington County. The property includes 30 two-bedroom and 18 three-bedroom units, with 46 designated as low-income housing. The community has been in operation since 2004 and is owned and managed by a nonprofit organization.
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Washington 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 | $1,174 |
| 1 Bedroom | $1,327 |
| 2 Bedroom | $1,622 |
| 3 Bedroom | $2,188 |
| 4 Bedroom | $2,478 |
Income Limits - Washington County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $42,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,650
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,850
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,050
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,250
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,750 | $55,950 |
| 2 Persons | $25,200 | $42,000 | $63,950 |
| 3 Persons | $28,350 | $47,250 | $71,950 |
| 4 Persons | $31,450 | $52,450 | $79,900 |
| 5 Persons | $34,000 | $56,650 | $86,300 |
| 6 Persons | $36,500 | $60,850 | $92,700 |
| 7 Persons | $40,120 | $65,050 | $99,100 |
| 8 Persons | $44,660 | $69,250 | $105,500 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mahtomedi, MN?+
The Fair Market Rent (FMR) for Washington County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Lincoln Place Aka Diamond Estates is typically 30% of household income or less.
What size apartments are available at Lincoln Place Aka Diamond Estates?+
Lincoln Place Aka Diamond Estates offers the following unit types: 30 Two-Bedroom, 18 Three-Bedroom units, for a total of 48 units.
Who manages Lincoln Place Aka Diamond Estates?+
Lincoln Place Aka Diamond Estates is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Lincoln Place Aka Diamond Estates?+
Lincoln Place Aka Diamond Estates 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 is the HUD inspection score for Lincoln Place Aka Diamond Estates?+
Lincoln Place Aka Diamond Estates has a HUD inspection score of 87 out of 100, which is considered good. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
What is the price range for apartments in Mahtomedi, MN?+
Based on Fair Market Rent for Washington County, the estimated price range is: 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Lincoln Place Aka Diamond Estates may be lower for income-eligible households.
Who is eligible to live at Lincoln Place Aka Diamond Estates?+
Lincoln Place Aka Diamond Estates primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Washington County, MN?+
For a 4-person household in Washington County, MN, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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