Cottages of White Bear Township

4768 Golden Pond Lane, White Bear Lake, MN 55110

Waiting List Forecast: Likely Short or None

check_circleVerified for 2024 by Company Admin, Colleen Carter
Rent Beds Baths SqFt
Call for Rents Floorplan Info Upon Request - -
check_circle  Near Elderly (55+)
check_circle  Accessible Units

Waitlist Forecast

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.

Dave's Thoughts On Cottages of White Bear Township

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 Cottages of White Bear Township 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

Dave, Founder AHO

~ Dave Layfield, Founder of Affordable Housing Online

Cottages of White Bear Township Amenities

  • Community Room
  • Handicapped Accessible
  • Walk-in Closet(s)
  • Kitchen Pantry
  • Linen Closets
  • Snow Removal
  • Lawn Care
  • Fully Equipped Kitchen
  • Private Patios
  • Garage and Surface Parking
  • Full-Size Washer & Dryer Connections
  • Community Kitchen

Income Qualification for Cottages of White Bear Township

*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
50% AMI for LIHTC Units $43,500 / year $49,700 / year
50% AMI for PBRA Units $43,500 / year $49,700 / year
60% AMI for LIHTC Units $52,200 / year $59,640 / year

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

FAQs for Cottages of White Bear Township

Does Cottages of White Bear Township have a waiting list?

Cottages of White Bear Township 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 Cottages of White Bear Township?

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.

In addition to Cottages of White Bear Township, how many other affordable housing properties (and units) are there in White Bear Lake?

In addition to Cottages of White Bear Township, we list 8 other affordable properties in White Bear Lake. Learn about these properties here. Our data research shows that there are a total of 400 affordable units in White Bear Lake.

When was the Cottages of White Bear Township listing last updated?

Cottages of White Bear Township listing on Affordable Housing Online was last updated on 02/12/2024 by Company Admin. Remember, a property's status can change so you should contact the property to confirm.

Listings Near Cottages of White Bear Township

Century Hill Townhouses

3525 Century Ave N, White Bear Lake, Minnesota 55110

Willow Wood Apartments

3441 Willow Ave, White Bear Lake, Minnesota 55110

Bear Run Townhomes

2125 Division Ct, White Bear Lake, Minnesota 55110

bed 3
payment $1060/mo.

2730 Century Ct

2730 Century Ct, White Bear Lake, Minnesota 55110

bed 3
payment $2099/mo.

Century Hills

3525 Century Avenue, White Bear Lake, Minnesota 55110

bed 2-4

Washington Square

2060 5th Street, White Bear Lake, Minnesota 55110

Rent observations may change. We encourage users to verify rents and eligiblity requirements directly with the property.