Highwood Homes

4716 Tower St SE, Prior Lake, Minnesota 55372

Highwood Homes, located at 4716 Tower St SE in Prior Lake, has two, three and four bedroom apartments. Highwood Homes participates in the Section 8 Project-Based Rental Assistance program.

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Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - $811
3 Bedroom (3/1) - $943
4 Bedroom (4/2) - $1,012

Highwood Homes Details

  • 36 two, three and four bedroom units.
  • Project-Based Rental Assistance

Property Amenities

  • Playground
  • Laundry Facilities

About Highwood Homes

Highwood Townhomes, carefully designed and constructed with you in mind.
Situated in a wooded site, swimming, sailing, and summertime fun are minutes away on beautiful Prior Lake.
Convenient to schools, parks, churches, shopping centers and downtown Prior Lake, with daily MTC service to downtown Minneapolis.
Monthly rental assistance is available.
All applicants must income qualify.

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.

Prior Lake HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Prior Lake but actual income limits may differ for units at Highwood Homes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $21,000 $24,000 $27,000 $30,000 $32,400 $34,800 $39,010 $43,430
50% $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
80% $52,850 $60,400 $67,950 $75,500 $81,550 $87,600 $93,650 $99,700

These general income qualifications for Prior Lake, Minnesota should only be used as a basic guide. To find out if you qualify, contact the community directly.

You can usually make up to 80% of the Area Median Income (AMI) to be eligible for a HUD-Assisted Housing unit, but income qualification tiers for this community may be different due to various policies.

Highwood Homes receives rental subsidies through HUD-Assisted Housing for some or all of its apartments. Some units may be designated as market rate housing. Market rate units would have no subsidies or income restrictions.

Highwood Homes is managed by Metes & Bounds Management Company.

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