River Run Apartments is an affordable, non-smoking, no pet housing complex located throughout Great Falls, MT. This community offers 1 and 2 bedroom apartments. There is a coin-op laundry on site. All apartments include heat, water, garbage and sewer in the monthly rent. River Run Apartments is one of the few Section 8 buildings in the state that can rent to households above the 50% and below the 80% income limits. River Run Apartments is within short distance of parks, schools, banking and restaurants. Also, our properties are close to public transportation. There are several attractions in Great Falls and a great view of the Little Belt Mountains.
|1 Bedroom (1/1)||-||$846|
|2 Bedroom (2/2)||-||$996|
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. Section 8 Project-Based Rental Assistance tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. There is a minimum tenant contribution of $25 for all rents at this property regardless of tenant income.
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.
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 Great Falls but actual income limits may differ for units at River Run Apartments.
|AMI Band||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
River Run Apartments is managed by Tamarack Property Management Co. .