School View Square

680 Minnesota Avenue, Big Lake, Minnesota 55309

School View Square, located at 680 Minnesota Avenue in Big Lake, has one, two and three bedroom apartments. School View Square participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) 624 Income Based
2 BR (2/1) 737 Income Based
3 BR TH (3/1) 1026 Income Based
3 BR (3/1) 926 Income Based

School View Square Details

  • 26 one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Basketball Court
  • Community Room
  • 24hr Emergency Maintenance
  • Garage
  • Off-Street Parking
  • On-Site Management
  • Emergency Pull Cord
  • Experienced Management
  • Peaceful Community
  • Secured Entry
  • Landscaping
  • Snow Removal
  • Month to Month Leases available upon Renewal
  • Lawn Care
  • Coin-Operated Laundry
  • After Hours Call Service
  • Surveillance Cameras

Unit Amenities

  • Air Conditioning
  • Walk-in Closet(s)
  • Keyless Entry Access
  • Refrigerator
  • Extra Storage
  • Water Trash and Sewer Included
  • Bathroom Grab Bars
  • Intercom System
  • Sprinkler
  • Energy Saving Windows
  • Blinds
  • Stove
  • Cable & Internet Ready
  • Fully Equipped Kitchen
  • Deluxe Cabinetry

Nearby Amenities

  • Near Shopping

About School View Square

School View Square Apartments offers affordable living for families of all types in our spacious one, two and three bedroom apartments, as well as our three bedroom townhomes. Our complex offers secured entry, a playground, community room and is located across from Big Lake Schools. The apartments have laundry facilities on each floor and heat is included in the monthly rent. The townhomes have a full size washer and dryer in each unit and central heat and air that is controlled and paid by the resident.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Big Lake Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Big Lake but actual income limits may differ for units at School View Square.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
Low Income (60%) $30,420 $34,800 $39,120 $43,440 $46,920 $50,400 $53,880 $57,360

School View Square was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

School View Square is managed by MetroPlains Management, LLC.

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