6030 Main Street N.E., Fridley, MN 55432
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley, Sherman Marketing| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 803 - 1,427 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.
Ursa Listing Info
Born to Roam.
everywhere & home
Find your home base at Ursa with open concept 1-bedroom, 2-bedroom, and 3-bedroom floor plans, expansive amenities, and a prime location close to the action. Whether a quick commute to downtown Minneapolis on the Northstar Commuter Rail, a change of scenery in the Club Room with outdoor patio, or a breath of fresh air from your private balcony, Ursa is your gateway to adventure.
Visit us at LiveAtUrsa.com for more information and stay up-to-date with our community on Facebook @LiveAtUrsa.
Ursa participates in an affordable housing program. Income limits do apply.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Ursa does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Sand Dunes (1/1) | 803ft2 | Call for Price† |
| Birch Lakes (2/2) | 1001ft2 | Call for Price† |
| Wealthwood (3/2) | 1348ft2 | Call for Price† |
| St. Croix (3/2) | 1427ft2 | 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 Ursa have a waiting list?
Ursa 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 Ursa?
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 Ursa?
Ursa is managed by Sherman Associates headquartered in Minneapolis, MN.
In addition to Ursa, how many other affordable housing properties (and units) are there in Fridley?
In addition to Ursa, we list 12 other affordable properties in Fridley. Learn about these properties here. Our data research shows that there are a total of 336 affordable units in Fridley.
When was the Ursa listing last updated?
Ursa listing on Affordable Housing Online was last updated on 10/03/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
5475-5495 Main St NE, Fridley, Minnesota 55421
Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Gordon Gross says:
"The best feature of Affordable Housing Online is being notified by email when a waiting list opens, or is scheduled to do so. I'm very grateful for this website's services."