Sunrise Townhomes

2816 59th St NW, Rochester, Minnesota 55901

Sunrise Townhomes, located at 2816 59th St NW in Rochester, has two and three bedroom townhouse style apartments. Sunrise Townhomes participates in the Low-Income Housing Tax Credit (LIHTC) program.

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is Closed

Last updated on July 17th, 2019

Units

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Sunrise Townhomes Details

  • 24 two and three bedroom units.
  • Townhouse
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Playground
  • Garage
  • Off-Street Parking

Unit Amenities

  • Air Conditioning
  • Garbage Disposal
  • Cable Ready
  • Patio, Deck Or Balcony
  • Trash Included
  • Washer/ Dryer

Nearby Amenities

  • Close to Public Transportation

Office Hours

Day Hours
Monday 7:00am-2:00pm
Tuesday 7:00am-2:00pm
Wednesday 7:00am-2:00pm
Thursday 7:00am-2:00pm
Friday 7:00am-2:00pm
Saturday Closed
Sunday Closed

About Sunrise Townhomes

Sunrise Townhomes offer spacious 2 and 3 bedroom townhomes are located in a great neighborhood with a convenient location in Rochester, MN. Each includes an attached garage, dishwasher, in-house coin-operated laundry, central air and mini-blinds, large walk-in closet and a private patio. Maximum income restrictions apply. Waiting list running 3-5 years.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Rochester Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Rochester but actual income limits may differ for units at Sunrise Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $32,850 $37,550 $42,250 $46,900 $50,700 $54,450 $58,200 $61,950
Low Income (60%) $39,420 $45,060 $50,700 $56,280 $60,840 $65,340 $69,840 $74,340

Sunrise Townhomes was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Sunrise Townhomes is managed by Paramark Real Estate Services.

Image of Sunrise Townhomes

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