600 N Main Street, Pine Island, MN 55963
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 2 Beds | 1 Bath | - |
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.
Fox Meadows Apartments offers a lot of convenience for a very affordable price. Located conveniently in Pine Island (directly off of State Highway 52) is this hidden gem. Imagine having your gas, water, sewer, and garbage paid. The resident is only responsible for their electrical expense. Fox Meadows has onsite laundry facilities in each building and convenient parking, with plenty of greenspace for outdoor fun.
Since Fox Meadows participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. 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. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | - | Rent is Based On Your Income† |
| 2 Bedroom (2/1) | - | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,550 / year | $24,600 / year | $27,700 / year | $30,750 / year |
| 50% AMI for LIHTC Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year |
| 50% AMI for PBRA Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year |
| 80% AMI for PBRA Units | $57,400 / year | $65,600 / year | $73,800 / year | $82,000 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Fox Meadows have a waiting list?
Fox Meadows 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 Fox Meadows?
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 Fox Meadows?
Fox Meadows is managed by Paramark Real Estate Services headquartered in Rochester, Minnesota .
In addition to Fox Meadows, how many other affordable housing properties (and units) are there in Pine Island?
In addition to Fox Meadows, we list 2 other affordable properties in Pine Island. Learn about these properties here. Our data research shows that there are a total of 79 affordable units in Pine Island.
507 5th St SW, Pine Island, Minnesota 55963
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.Kara Qualls says:
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