Ashland Place Apartments

1990 Ashland Drive Northwest, Rochester, MN 55901

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Joshua Cappell

Rent	Beds	Baths	SqFt
$745 - 1,030 per Month^†	1 - 3 Beds	1 Bath	-

Call (507) 512-5562 Email

Waitlist Forecast

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.

Ashland Place is located in Rochester, MN. This community offers 1, 2, and 3 bedroom apartments. Apartment reservations are available with a reservation deposit due at the time of application.

Dave's Thoughts On Ashland Place Apartments

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Ashland Place Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.

~ Dave Layfield, Founder of Affordable Housing Online

Ashland Place Apartments Amenities

Controlled Access
Fitness Center
Community Room
24hr Emergency Maintenance
Underground Parking
Air Conditioning
Dishwasher
Garbage Disposal
Water Trash and Sewer Included
Laundry Facilities
Smoke Free
Built in microwave
Heat Included

Units at Ashland Place Apartments

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	$745^†
2 Bedroom (2/1)	-	$885^†
3 Bedroom (3/1)	-	$1,030^†

Income Qualification for Ashland Place Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$41,300 / year	$47,200 / year	$53,100 / year	$59,000 / year	$63,750 / year	$68,450 / year
50% AMI for PBRA Units	$41,300 / year	$47,200 / year	$53,100 / year	$59,000 / year	$63,750 / year	$68,450 / year
60% AMI for LIHTC Units	$49,560 / year	$56,640 / year	$63,720 / year	$70,800 / year	$76,500 / year	$82,140 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Ashland Place Apartments

Does Ashland Place Apartments have a waiting list?

Ashland Place 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 Ashland Place 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 Ashland Place Apartments?

Ashland Place Apartments is managed by Velair Property Management headquartered in Minneapolis, MN.

In addition to Ashland Place Apartments, how many other affordable housing properties (and units) are there in Rochester?

In addition to Ashland Place Apartments, we list 81 other affordable properties in Rochester. Learn about these properties here. Our data research shows that there are a total of 2788 affordable units in Rochester.