Windstone Townhomes

110550 Windmill Ct, Chaska, Minnesota 55318

Windstone Townhomes, located at 110550 Windmill Ct in Chaska, has one, two and three bedroom apartments. Windstone Townhomes participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
1 Bedroom (1/1) 941 Call for Price
2 Bedroom (2/1) 1241 Call for Price
3 Bedroom (3/1.5) 1492 Call for Price

Windstone Townhomes Details

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

Property Amenities

  • Playground
  • Community Room
  • Grilling Area
  • Walking Trails

Unit Amenities

  • Central Air
  • Dishwasher
  • Hardwood Floors
  • Private Entrance
  • Washer/ Dryer
  • New Cabinets
  • Individual heating and cooling systems

About Windstone Townhomes

Windstone Townhomes is the best kept secret in Chaska! Located in a quiet, serene, setting with beautiful lush grounds, several walking trails and paths, a park, and so much more! Sitting neatly tucked away just off the beaten path yet close to several businesses, entertainment venues, and schools. Our property contains one, two, and three bedroom townhomes.

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 HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Chaska but actual income limits may differ for units at Windstone Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,000 $24,000 $27,000 $30,000 $32,400 $34,800 $39,010 $43,430
50% $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
80% $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700

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 Windstone Townhomes.

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

These general income qualifications for Chaska, Minnesota should only be used as a basic guide. To find out if you qualify, contact the community directly.

Windstone Townhomes was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program and receives rental subsidies through HUD-Assisted Housing. These programs have different income limits that can lead to apartments in the same property having different income requirements.

You can make up to 80% of the Area Median Income (AMI) and be eligible for a HUD-Assisted Housing unit. However, you can earn at most 60% of AMI to be eligible for a LIHTC property and many units may be set aside for those with the lowest incomes (down to 15% of AMI). LIHTC properties may also contain some market rate units.

Since Windstone Townhomes has both programs, the most restrictive of the income limits will apply for each unit. If the entire property is funded by LIHTC, the LIHTC income limit of 60% AMI would be used for all units. Apartments in properties with some units not funded by the LIHTC, but receiving Section 8 assistance, would be open to households making up to 80% AMI. Market rate units would have no subsidies or income restrictions.

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.

Windstone Townhomes is managed by Carver County Community Development Agency.

Image of Windstone Townhomes
Image of Windstone Townhomes

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