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Description
** Section 42** Lovely Three Bedroom - You'll LOVE the DOVE! Dove Terrace Apartments offers spacious 1, 2 and 3 bedroom apartments at a convenient location in Elk River, Minnesota. Enjoy the huge closets and tons of storage space in each apartment. Residents enjoy an amazing outdoor pool, community room with full kitchen and cozy fireplace, professional management team and so much more. Stop by and tour your new home today!
**Section 42 Information**
Dove Terrace Apartments is proud to offer affordable housing to the community by participating in the Section 42 program, often referred to as the Low-Income Housing Tax Credit Program. This program provides affordable housing to households who earn less than the area’s annual median income. To qualify, the household’s total gross annual income must fall below the following limits based on household size and make 2.5x the monthly rent. If you participate in section 8 you can disregard the income restrictions.
1 Occupant maximum income– $44,100*
2 Occupants maximum income–$50,400*
3 Occupants maximum income- $56,700*
4 Occupants maximum income- $62,940*
5 Occupants maximum income–$67,980*
Applicants must also pass a standard rental criteria screening, including rental history, criminal background, and credit score/history. Please contact us for full details and more information.
** Section 42** Lovely Three Bedroom - You'll LOVE the DOVE! Dove Terrace Apartments offers spacious 1, 2 and 3 bedroom apartments at a convenient location in Elk River, Minnesota. Enjoy the huge closets and tons of storage space in each apartment. Residents enjoy an amazing outdoor pool, community room with full kitchen and cozy fireplace, professional management team and so much more. Stop by and tour your new home today!
**Section 42 Information**
Dove Terrace Apartments is proud to offer affordable housing to the community by participating in the Section 42 program, often referred to as the Low-Income Housing Tax Credit Program. This program provides affordable housing to households who earn less than the area’s annual median income. To qualify, the household’s total gross annual income must fall below the following limits based on household size and make 2.5x the monthly rent. If you participate in section 8 you can disregard the income restrictions.
1 Occupant maximum income– $44,100*
2 Occupants maximum income–$50,400*
3 Occupants maximum income- $56,700*
4 Occupants maximum income- $62,940*
5 Occupants maximum income–$67,980*
Applicants must also pass a standard rental criteria screening, including rental history, criminal background, and credit score/history. Please contact us for full details and more information.
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