200 SE 4th Street, Grand Rapids, MN 55744
Waiting List Forecast: Likely Long or Closed for Rent Assisted units, and Likely Short or None for other affordable units
Verified for 2023 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 4 Beds | 1 Bath | - |
This property is currently under construction.
Opening Winter of 2022
Aurora Heights is a townhome and apartment community located in Grand Rapids, MN. Townhome units are 3 or 4 bedrooms, two levels and include an attached garage and laundry hook-ups. Apartment units are 1, 2 and 3 bedroom and feature a large community room and laundry facility. Income restrictions 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. The LIHTC program doesn't provide direct subsidies to the residents, but the owner must set rents affordable to low-income renters in the area. This property does participate in the Section 8 Project-Based Rental Assistance program and your rent would be subsidized and based on your income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. LIHTC properties tend to have shorter waiting lists however, since Aurora Heights has a project-based subsidy, the waiting list is likely much longer than other local LIHTC properties. LIHTC properties nationwide are required to accept housing vouchers however, since this property has a Section 8 Project-Based Rental Assistance contract, your Section 8 voucher can not be used here. LIHTC properties were first built in the late 1980's and the LIHTC program funds the renovation of older properties. Because they tend to be newer or renovated, 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 need help paying your rent and are willing to wait for a longer waiting list.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom-Apartment (1/1) | - | Call for Price† |
2 Bedroom-Apartments (2/1) | - | Call for Price† |
3 Bedroom-Townhome (3/1) | - | Call for Price† |
3 Bedroom-Apartment (3/1) | - | Call for Price† |
4 Bedroom-Townhome (4/1) | - | Call for Price† |
AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people | 7 people | 8 people |
---|---|---|---|---|---|---|---|---|
30% AMI for PBRA Units | $18,550 / year | $21,200 / year | $24,860 / year | $30,000 / year | $35,140 / year | $40,280 / year | $45,420 / year | $50,560 / year |
50% AMI for LIHTC Units | $30,900 / year | $35,300 / year | $39,700 / year | $44,100 / year | $47,650 / year | $51,200 / year | $54,700 / year | $58,250 / year |
50% AMI for PBRA Units | $30,900 / year | $35,300 / year | $39,700 / year | $44,100 / year | $47,650 / year | $51,200 / year | $54,700 / year | $58,250 / year |
60% AMI for LIHTC Units | $37,080 / year | $42,360 / year | $47,640 / year | $52,920 / year | $57,180 / year | $61,440 / year | $65,640 / year | $69,900 / year |
80% AMI for PBRA Units | $49,400 / year | $56,450 / year | $63,500 / year | $70,550 / year | $76,200 / year | $81,850 / year | $87,500 / year | $93,150 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Aurora Heights have a waiting list?
Aurora Heights probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Aurora Heights?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Aurora Heights?
Aurora Heights is managed by DW Jones Management Inc headquartered in Brainerd, MN.
In addition to Aurora Heights, how many other affordable housing properties (and units) are there in Grand Rapids?
In addition to Aurora Heights, we list 14 other affordable properties in Grand Rapids. Learn about these properties here. Our data research shows that there are a total of 572 affordable units in Grand Rapids.
When was the Aurora Heights listing last updated?
Aurora Heights listing on Affordable Housing Online was last updated on 01/17/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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Do you have little or no income?
Be aware that some housing assistance programs have a minimum income requirement, such as Low-Income Housing Tax Credit aparments.Cathey Hickle says:
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