70 Mahtomedi Ave, Mahtomedi, MN 55115
Waiting List Forecast: Likely Short or None
Verified for 2023 by Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | 680 - 939 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.
Piccadilly Square Apartments is a 62+ housing community offering affordable living in a friendly neighborhood near White Bear Lake in Mahtomedi, MN. Located off of Minnesota State Highway 244, Piccadilly Square is within walking distance to the post office, local transit service, local shops and restaurants. Nearby conveniences include walking or biking paths connecting to the regional trail system, grocery, pharmacy services, movie theatre, and healthcare services. Unfortunately, they are not pet friendly but do accept animals that are categorized as companion, therapy or service animals.
Because Piccadilly Square Apartments 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. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 680ft2 | Call for Price† |
| 2 Bedroom (2/1) | 939ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 50% AMI for LIHTC Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year |
| 50% AMI for PBRA Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year |
| 60% AMI for LIHTC Units | $52,200 / year | $59,640 / year | $67,080 / year | $74,520 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Piccadilly Square Apartments have a waiting list?
Piccadilly Square Apartments 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 Piccadilly Square Apartments?
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 Piccadilly Square Apartments?
Piccadilly Square Apartments is managed by Shelter Corporation headquartered in Minnetonka, MN.
In addition to Piccadilly Square Apartments, how many other affordable housing properties (and units) are there in Mahtomedi?
In addition to Piccadilly Square Apartments, we list 3 other affordable properties in Mahtomedi. Learn about these properties here. Our data research shows that there are a total of 183 affordable units in Mahtomedi.
When was the Piccadilly Square Apartments listing last updated?
Piccadilly Square Apartments listing on Affordable Housing Online was last updated on 01/01/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Rose Carr says:
"Affordable Housing Online is a great resource to finding Section 8 waitlists that are open!"