Cloverfield Marketplace

2915 Clover Ridge Drive, Chaska, Minnesota 55318

Cloverfield Marketplace, located at 2915 Clover Ridge Drive in Chaska, has studio, one, two and three bedroom apartments. Cloverfield Marketplace participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - $725
One Bedroom (1/1) - $1,126
Two Bedroom (2/1) - $1,385
Three Bedroom (3/2) - $1,605

Cloverfield Marketplace Details

  • 117 studio, one, two and three bedroom units.
  • Accepts Section 8 Housing Choice Vouchers (HCV)
  • Market Rate
  • Pet Friendly

Property Amenities

  • Fitness Center
  • Community Room
  • Off-Street Parking
  • Underground Parking
  • Pet Friendly

Unit Amenities

  • Dishwasher
  • Microwave
  • Walk-in Closet(s)
  • Carpet
  • Balconies or Patios Available
  • Washer/ Dryer
  • Self-Cleaning Ovens

Nearby Amenities

  • Nearby Parks and Recreation

Office Hours

Day Hours
Monday 10:00am-5:00pm
Tuesday 10:00am-5:00pm
Wednesday 10:00am-5:00pm
Thursday 10:00am-5:00pm
Friday 10:00am-5:00pm

About Cloverfield Marketplace

Enjoy affordable luxury located in a charming suburban setting in Chaska, MN. Clover Field Marketplace is adjacent to picturesque wetlands, yet very accessible to major thoroughfares of the Twin Cities.

We offer resort class amenities, professionally designed floor plans, and customer service! Our apartment homes feature French balconies, neutral decor and ample closet space. Select homes feature walk out private entrances to our courtyard!

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.

Chaska 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 Chaska but actual income limits may differ for units at Cloverfield Marketplace.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
Low Income (60%) $42,000 $48,000 $54,000 $60,000 $64,800 $69,600 $74,400 $79,200

Cloverfield Marketplace 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.

Cloverfield Marketplace is managed by Aeon.

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