Hanover Townhomes

408 Farrington St, Saint Paul, Minnesota 55103

Hanover Townhomes is a 96 unit town home development located in St. Paul. with 1, 2 and 3 bedroom units. Hanover is located near bus lines, play areas for children and on-site laundry facilities. Heat in included with the rent and there are individual temperature controls in all the townhouses. Call the site office for availability and application information.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 520 Income Based
Two Bedroom (2/1) 955 Income Based
Three Bedroom (3/1) 1095 Income Based

Hanover Townhomes Details

  • 96 one, two and three bedroom units.
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Rental Assistance

Property Amenities

  • On-Site Manager
  • Off-Street Parking
  • On Bus-line
  • Laundry Facility
  • Heat Included

Unit Amenities

  • Private Entrance

Nearby Amenities

  • Close to Shopping

Office Hours

Day Hours
Monday 8:00am-4:30pm
Tuesday 8:00am-4:30pm
Wednesday 8:00am-4:30pm
Thursday 8:00am-4:30pm
Friday 8:00am-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.

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. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Saint Paul 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 Saint Paul but actual income limits may differ for units at Hanover Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $24,650 $28,200 $31,700 $35,200 $38,050 $40,850 $43,650 $46,630
50% $41,100 $46,950 $52,800 $58,650 $63,350 $68,050 $72,750 $77,450
80% $62,600 $71,550 $80,500 $89,400 $96,600 $103,750 $110,900 $118,050

Saint Paul 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 Paul but actual income limits may differ for units at Hanover Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $41,100 $46,950 $52,800 $58,650 $63,350 $68,050 $72,750 $77,450
Low Income (60%) $49,320 $56,340 $63,360 $70,380 $76,020 $81,660 $87,300 $92,940

Hanover Townhomes is managed by BDC Management Co..

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Image of Hanover Townhomes
Image of Hanover Townhomes

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