600 1st St NW, New Prague, MN 56071
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 2 - 3 Beds | 1 Bath | 1 - 957 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Westgate Townhomes is nestled in a small community not far from the Twin Cities. This community is smoke free and offers 2 and 3 bedroom townhomes. A security deposit equal to one month of rent will be due at time of lease signing.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's 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. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Westgate Townhomes is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 2 Bedroom (2/1) | 957ft2 | Rent is Based On Your Income† |
| 3 Bedroom (3/1) | 1ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,600 / year | $24,650 / year | $27,750 / year | $30,800 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $35,950 / year | $41,100 / year | $46,250 / year | $51,350 / year | $55,500 / year | $59,600 / year |
| 50% AMI for PBRA Units | $35,950 / year | $41,100 / year | $46,250 / year | $51,350 / year | $55,500 / year | $59,600 / year |
| 80% AMI for PBRA Units | $57,500 / year | $65,700 / year | $73,900 / year | $82,100 / year | $88,700 / year | $95,250 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Westgate Townhomes have a waiting list?
Westgate Townhomes 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 Westgate Townhomes?
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 Westgate Townhomes?
Westgate Townhomes is managed by Lloyd Management headquartered in Mankato, Minnesota.
In addition to Westgate Townhomes, how many other affordable housing properties (and units) are there in New Prague?
In addition to Westgate Townhomes, we list 2 other affordable properties in New Prague. Learn about these properties here. Our data research shows that there are a total of 101 affordable units in New Prague.
310 6th Ave NW, New Prague, Minnesota 56071
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