14977 Louisiana Avenue South, Savage, MN 55378
Waiting List Forecast: Closed
Verified for 2023 by Connor Bailey, Lorena Bentley, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $920 - 1,267 per Month† | 1 - 3 Beds | 2 Baths | - |
3, 4 and 5-Bedroom Waiting List
The Scott County Community Development Agency (SCDA) 3, 4 and 5-Bedroom Project-Based Voucher waiting list is currently closed. Applications were last accepted from March 5, 2020, until March 11, 2020. There is no notice of when this waiting list will reopen.
To apply during the opening period, applicants were required to complete the online application.
The maximum income limits for each household size were as follows:
Preferences have not yet been confirmed.
Selected applicants were placed on the waiting list by random lottery, weighed by order of preferences.
For more information, visit the SCDA Waiting Lists page, or the SCDA website.
Sources: This information was verified by the SCDA website, as of February 25, 2020.
Go to the public housing authority page for this waiting list >>
54 units consisting of 1 , 2, and 3 bedroom apartments. Theme throughout the property is equestrian elegance in honor of the city’s history!
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 Louisiana Lofts 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.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/2) | - | $920† |
| 2 Bedroom (2/2) | - | $1,068† |
| 3 Bedroom (3/2) | - | $1,267† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $26,100 / year | $29,800 / year | $33,550 / year | $37,250 / year | $40,250 / year | $43,250 / year |
| 50% AMI for LIHTC Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year | $67,100 / year | $72,050 / year |
| 50% AMI for PBRA Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year | $67,100 / year | $72,050 / year |
| 60% AMI for LIHTC Units | $52,200 / year | $59,640 / year | $67,080 / year | $74,520 / year | $80,520 / year | $86,460 / year |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year | $102,250 / year | $109,800 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Louisiana Lofts have a waiting list?
Louisiana Lofts has a waiting list. See above for waiting list details.
Are rents subsidized at Louisiana Lofts?
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 Louisiana Lofts?
Louisiana Lofts is managed by Velair Property Management headquartered in Minneapolis, MN.
In addition to Louisiana Lofts, how many other affordable housing properties (and units) are there in Savage?
In addition to Louisiana Lofts, we list 6 other affordable properties in Savage. Learn about these properties here. Our data research shows that there are a total of 251 affordable units in Savage.
When was the Louisiana Lofts listing last updated?
Louisiana Lofts listing on Affordable Housing Online was last updated on 01/01/2023 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.
You can still apply to online applications without internet access.
If you don't have internet access, go to a local public library that has devices with an online connection.Geri Ridley says:
"Affordable Housing Online helps renters who need help and don't know where to start."