The Mill Townhomes

Michigan Avenue NE, Staples, MN 56479

Waiting List Forecast: Likely Short or None

check_circleVerified for 2022 by Ben D. Layfield, Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 3 Beds	1 Bath	-

This property is currently under construction.

Expecting to be open by December 2020.

The Mill Townhomes in Staples is a 42 unit townhome development for families. The project will consist of 4 one bedroom units (by county referral only), 13 two bedroom units and 15 three bedroom units. The property is on the corner of Michigan Avenue NE and 12th Street in Staples.

Dave's Thoughts On The Mill Townhomes

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 The Mill Townhomes 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

The Mill Townhomes Amenities

Central Air
Private Entrance
Water Trash and Sewer Included

Units at The Mill Townhomes

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price^†
2 Bedroom (2/1)	-	Call for Price^†
3 Bedroom (3/1)	-	Call for Price^†

Income Qualification for The Mill Townhomes

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people
50% AMI for LIHTC Units	$30,900 / year	$35,300 / year	$39,700 / year	$44,100 / year	$47,650 / year	$51,200 / year
50% AMI for PBRA Units	$30,900 / year	$35,300 / year	$39,700 / year	$44,100 / year	$47,650 / year	$51,200 / year
60% AMI for LIHTC Units	$37,080 / year	$42,360 / year	$47,640 / year	$52,920 / year	$57,180 / year	$61,440 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for The Mill Townhomes

Does The Mill Townhomes have a waiting list?

The Mill Townhomes 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 The Mill Townhomes?

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 The Mill Townhomes?

The Mill Townhomes is managed by Central Minnesota Housing Partnership, Inc. headquartered in St Cloud, MN.

In addition to The Mill Townhomes, how many other affordable housing properties (and units) are there in Staples?

In addition to The Mill Townhomes, we list 7 other affordable properties in Staples. Learn about these properties here. Our data research shows that there are a total of 140 affordable units in Staples.