About This Property
Mandan Homes I contains 52 low-income residential units in New Town, North Dakota, comprising 29 one-bedroom and 23 two-bedroom apartments. The property, which entered service in 2009, serves families and individuals experiencing homelessness. The development utilizes 4% Low-Income Housing Tax Credits and is managed by its listed property operator.
Property Details
Fair Market Rent - Mountrail County, ND
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $734 |
| 1 Bedroom | $765 |
| 2 Bedroom | $859 |
| 3 Bedroom | $1,211 |
| 4 Bedroom | $1,433 |
Income Limits - Mountrail County, ND
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,700
- Very Low (50%)
- $31,150
- Low (80%)
- $49,800
- Extremely Low (30%)
- $21,350
- Very Low (50%)
- $35,600
- Low (80%)
- $56,900
- Extremely Low (30%)
- $24,000
- Very Low (50%)
- $40,050
- Low (80%)
- $64,000
- Extremely Low (30%)
- $26,650
- Very Low (50%)
- $44,450
- Low (80%)
- $71,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,050
- Low (80%)
- $76,800
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,600
- Low (80%)
- $82,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,150
- Low (80%)
- $88,200
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $58,700
- Low (80%)
- $93,900
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,700 | $31,150 | $49,800 |
| 2 Persons | $21,350 | $35,600 | $56,900 |
| 3 Persons | $24,000 | $40,050 | $64,000 |
| 4 Persons | $26,650 | $44,450 | $71,100 |
| 5 Persons | $31,040 | $48,050 | $76,800 |
| 6 Persons | $35,580 | $51,600 | $82,500 |
| 7 Persons | $40,120 | $55,150 | $88,200 |
| 8 Persons | $44,660 | $58,700 | $93,900 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in New Town, ND?+
The Fair Market Rent (FMR) for Mountrail County, ND is: $734 (Studio), $765 (1BR), $859 (2BR), $1211 (3BR), $1433 (4BR). Actual rent at subsidized properties like Mandan Homes I is typically 30% of household income or less.
What size apartments are available at Mandan Homes I?+
Mandan Homes I offers the following unit types: 29 One-Bedroom, 23 Two-Bedroom units, for a total of 52 units.
How do I apply for housing at Mandan Homes I?+
Mandan Homes I 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 is eligible to live at Mandan Homes I?+
Mandan Homes I primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Mandan Homes I?+
Mandan Homes I is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in New Town, ND?+
Based on Fair Market Rent for Mountrail County, the estimated price range is: 1-bedroom: $765, 2-bedroom: $859. Actual rent at Mandan Homes I may be lower for income-eligible households.
What are the income limits for affordable housing in Mountrail County, ND?+
For a 4-person household in Mountrail County, ND, the income limits are: Extremely Low Income (30% AMI): $26,650, Very Low Income (50% AMI): $44,450, Low Income (80% AMI): $71,100. These limits are set by HUD and updated annually.