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Staples Square Apartments

205 Airview Dr, Staples, Minnesota 56479

Staples Square Apartments, located at 205 Airview Dr in Staples, MN has 0 and 0 bedroom apartments. Staples Square Apartments participates in the Low-Income Housing Tax Credit (LIHTC) and Section 515 Rural Rental Housing programs.

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Message Staples Square Apartments

Staples Square Apartments is accepting applications and does not have a waiting list.

Last updated on October 19th, 2018

Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 650 From $537 To $750
Two Bedroom (2/1) 800 From $647 To $855
Two Bedroom (2/1) 800 From $647 To $855

Staples Square Apartments Details

  • 24 0 and 0 bedroom units.
  • Water and Sewer utilities included in rent
  • Heat utility included in rent
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 515 Rural Rental Housing

Property Amenities

  • Community Room
  • Garage
  • Secured Entry
  • Coin-Operated Laundry
  • Heat Included

Unit Amenities

  • Cable Ready
  • Water Trash and Sewer Included

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 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Staples 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 Staples but actual income limits may differ for units at Staples Square Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $25,450 $29,050 $32,700 $36,300 $39,250 $42,150 $45,050 $47,950
Low Income (60%) $30,540 $34,860 $39,240 $43,560 $47,100 $50,580 $54,060 $57,540

Staples Square Apartments is managed by CEPCO Management & Development Company.

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