About This Property
Dakota Magic Homes comprises 24 two-bedroom units in Hankinson, ND, with 23 designated as low-income housing. The property has been in service since 2010 and serves families in Richland County. Contact information and management details are available upon request.
Property Details
Fair Market Rent - Richland 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 | $649 |
| 1 Bedroom | $654 |
| 2 Bedroom | $859 |
| 3 Bedroom | $1,211 |
| 4 Bedroom | $1,382 |
Income Limits - Richland County, ND
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 Hankinson, ND?+
The Fair Market Rent (FMR) for Richland County, ND is: $649 (Studio), $654 (1BR), $859 (2BR), $1211 (3BR), $1382 (4BR). Actual rent at subsidized properties like Dakota Magic Homes is typically 30% of household income or less.
What size apartments are available at Dakota Magic Homes?+
Dakota Magic Homes offers the following unit types: 24 Two-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Richland County, ND?+
For a 4-person household in Richland County, ND, 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 Hankinson, ND?+
Based on Fair Market Rent for Richland County, the estimated price range is: 2-bedroom: $859. Actual rent at Dakota Magic Homes may be lower for income-eligible households.
Who manages Dakota Magic Homes?+
Dakota Magic Homes is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Dakota Magic Homes?+
Dakota Magic Homes primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Dakota Magic Homes?+
Dakota Magic Homes 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.
Walk Score
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