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River Rock Townhomes

1516 5th Ave SE, Little Falls, Minnesota 56345

River Rock is a 24 unit townhome complex featuring 2 and 3 bedroom townhomes. Income restrictions will apply.

Contact River Rock Townhomes

Message River Rock Townhomes

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) 1,515-1,536 Call for Price
3 Bedroom (3/1) 1,817 Call for Price

River Rock Townhomes Details

  • 24 0 and 0 bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Experienced Management

Unit Amenities

  • Central Air
  • Dishwasher
  • Refrigerator
  • Water Trash and Sewer Included
  • Stove
  • Washer/ Dryer

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.

Little Falls 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 Little Falls but actual income limits may differ for units at River Rock Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,450 $29,050 $32,700 $36,300 $39,250 $42,150 $45,050 $47,950
Low Income (60%) $30,540 $34,860 $39,240 $43,560 $47,100 $50,580 $54,060 $57,540

River Rock Townhomes is managed by DW Jones Management Inc.

Image of River Rock Townhomes

Nearby Low Income Apartment Communities

Highland Court Townhomes

1104 5th Ave SE
Little Falls, Minnesota
$670-760
2-3 BR