4542 Villa Pkwy, Eagan, MN 55122
Waiting List Forecast: Likely Short or None
Verified for 2021 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 2 - 2.5 Baths | 1,140 - 1,553 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Cedar Villas Townhomes is a mixed market and affordable rate property located in Eagan, MN. While offering a large amount of Community features, some units also provide vaulted ceilings and gas fireplaces. Cedar Villas has an abundance of amenities nearby that offer a wide varieties of services and activities for all, with convenient access to Hwy 77 and 35E, near bus lines and is minutes away from the MSP airport.
Because Cedar Villas Townhomes participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Two Bedroom (2/2) | 1140ft2 | Call for Price† |
| Three Bedroom (3/2) | 1530ft2 | Call for Price† |
| Three Bedroom (3/2.5) | 1553ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year | $67,100 / year | $72,050 / year |
| 50% AMI for PBRA Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year | $67,100 / year | $72,050 / year |
| 60% AMI for LIHTC Units | $52,200 / year | $59,640 / year | $67,080 / year | $74,520 / year | $80,520 / year | $86,460 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Cedar Villas Townhomes have a waiting list?
Cedar Villas Townhomes probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Cedar Villas Townhomes?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges Cedar Villas Townhomes?
Cedar Villas Townhomes is managed by Shelter Corporation headquartered in Minnetonka, MN.
In addition to Cedar Villas Townhomes, how many other affordable housing properties (and units) are there in Eagan?
In addition to Cedar Villas Townhomes, we list 19 other affordable properties in Eagan. Learn about these properties here. Our data research shows that there are a total of 718 affordable units in Eagan.
Housing options for families with immigrants.
If the head of household is a citizen or eligible immigrant, you can still qualify for HUD programs with a citizenship requirement.Theodore Taylor Jr. says:
"Affordable Housing Online is the on website that really helps you get affordable housing."