Winhaven Court Apartments

104 Main St, Winona, Minnesota 55987

Winhaven Court Apartments offers 118 units located in the town of Winona,MN.

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Units

Unit (Bd/Ba) Ft2 Rent
One Bedroom One Bath (1/1) - Call for Price

Winhaven Court Apartments Details

  • 118 one bedroom units.
  • Section 8 Project-Based Rental Assistance
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 223

Property Amenities

  • Laundry Facilities
  • Smoke Free
  • Resident Activities

Unit Amenities

  • Cable Ready

Section 8 Project-Based Rental Assistance

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

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.

Winona HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Winona but actual income limits may differ for units at Winhaven Court Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,350 $21,000 $23,600 $27,750 $32,470 $37,190 $41,910 $46,630
50% $30,600 $35,000 $39,350 $43,700 $47,200 $50,700 $54,200 $57,700
80% $48,950 $55,950 $62,950 $69,900 $75,500 $81,100 $86,700 $92,300

Winona 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 Winona but actual income limits may differ for units at Winhaven Court Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $30,600 $35,000 $39,350 $43,700 $47,200 $50,700 $54,200 $57,700
Low Income (60%) $36,720 $42,000 $47,220 $52,440 $56,640 $60,840 $65,040 $69,240

Winhaven Court Apartments is managed by Evergreen Real Estate Group.

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