Oak Grove Townhomes

1728 Oak Grove Rd SW, Saint Cloud, Minnesota 56301

Oak Grove Townhomes, located at 1728 Oak Grove Rd SW in Saint Cloud, MN has 2 and 3 bedroom apartments. Oak Grove Townhomes participates in the Low-Income Housing Tax Credit (LIHTC) program.

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Units

Unit (Bd/Ba) Ft2 Rent
Two Bedroom (2/1) - $815
Three Bedroom (3/1) - $915

Oak Grove Townhomes Details

  • 30 2 and 3 bedroom units.
  • $35.00 application fee
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Tot Lot
  • Playground
  • Basketball Court
  • Garage

Unit Amenities

  • Central Air
  • Dishwasher
  • Window Coverings
  • Refrigerator
  • Stove
  • Washer and Dryer Included

Office Hours

Day Hours
Monday 9:00am-5:00pm
Tuesday 9:00am-5:00pm
Wednesday 9:00am-5:00pm
Thursday 9:00am-5:00pm
Friday 9:00am-4:30pm

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.

Saint Cloud 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 Saint Cloud but actual income limits may differ for units at Oak Grove Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $30,950 $35,350 $39,750 $44,150 $47,700 $51,250 $54,750 $58,300
Low Income (60%) $37,140 $42,420 $47,700 $52,980 $57,240 $61,500 $65,700 $69,960

Oak Grove Townhomes is managed by Essence Property Management, Inc.

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