2005 N Sunrise Dr, St Peter, MN 56082
Waiting List Forecast: Likely Short or None
Verified for 2022 by Connor Bailey, Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 Bath | - |
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.
Solace is a 30 unit mix of 1, 2 and 3 bedroom units, with service provider space onsite. An SWMHP Resident Services Navigator works with residents to determine what resources they need to be successful in their housing, as well as provides encouragement and support to residents and their children, crisis management, conflict resolution and serves as an advocate for Solace and low barrier, affordable housing within the community.
Because Solace Apartments participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Because of the LIHTC program, additional units are set aside for households earning 50% or less of the AMI with corresponding lower rent caps.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| One Bedroom (1/1) | - | Call for Price† |
| Two Bedroom (2/1) | - | Call for Price† |
| Three Bedroom (3/1) | - | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $33,400 / year | $38,150 / year | $42,900 / year | $47,650 / year | $51,500 / year | $55,300 / year |
| 50% AMI for PBRA Units | $33,400 / year | $38,150 / year | $42,900 / year | $47,650 / year | $51,500 / year | $55,300 / year |
| 60% AMI for LIHTC Units | $40,080 / year | $45,780 / year | $51,480 / year | $57,180 / year | $61,800 / year | $66,360 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Solace Apartments have a waiting list?
Solace 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 Solace 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 Solace Apartments?
Solace Apartments is managed by Southwest Minnesota Housing Partnership headquartered in Slayton, MN.
In addition to Solace Apartments, how many other affordable housing properties (and units) are there in St Peter?
In addition to Solace Apartments, we list 2 other affordable properties in St Peter. Learn about these properties here. Our data research shows that there are a total of 92 affordable units in St Peter.
1320 N 5th St, St Peter, Minnesota 56082
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