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Ryan House

23 North 3rd Street, Grand Forks, North Dakota 58203

The Ryan House, formerly known as the Ryan Hotel was built in the 1940's. In 1981, the building was renovated into apartment homes. The majority of the original oak woodwork has been restored through out the building. Some of our apartments have great views of the river and we are located in the heart of the renovated downtown district.

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Units

Unit (Bd/Ba) Ft2 Rent
1 BR (1/1) - Income Based
1 BR HC (1/1) - Income Based
2 BR (2/1) - Income Based

Ryan House Details

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

Property Amenities

  • Controlled Access
  • Elevator
  • Community Room
  • Organized Activities
  • 24hr Emergency Maintenance
  • On-Site Management
  • Experienced Management
  • Peaceful Community
  • Secured Entry
  • Snow Removal
  • Bus available
  • On-Site Maintenance
  • Month to Month Leases available upon Renewal
  • Coin-Operated Laundry
  • After Hours Call Service
  • Surveillance Cameras
  • Senior Meal Delivery

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Extra Storage
  • Water Trash and Sewer Included
  • Heat and Hot Water Included
  • Bathroom Grab Bars
  • Stove
  • Cable & Internet Ready
  • Fully Equipped Kitchen
  • Trash Chutes
  • Mini Blinds & Curtain Rods

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.

Grand Forks 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 Grand Forks but actual income limits may differ for units at Ryan House.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $18,050 $20,600 $23,200 $26,500 $31,040 $35,580 $40,120 $44,660
50% $30,050 $34,350 $38,650 $42,900 $46,350 $49,800 $53,200 $56,650
80% $48,100 $54,950 $61,800 $68,650 $74,150 $79,650 $85,150 $90,650

Grand Forks 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 Grand Forks but actual income limits may differ for units at Ryan House.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $30,050 $34,350 $38,650 $42,900 $46,350 $49,800 $53,200 $56,650
Low Income (60%) $36,060 $41,220 $46,380 $51,480 $55,620 $59,760 $63,840 $67,980

Ryan House is managed by MetroPlains Management, LLC.

Image of Ryan House

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