406 4th Street NW, Mandan, ND 58554
Waiting List Forecast: Likely Short or None
Verified for 2023 by Bobby Kiefert| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $850 - 990 per Month† | 1 - 3 Beds | 1 - 2 Baths | 1 - 814 Sq Ft |
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.
Historic Apartments on 4th is bringing new life to the former Mandan Junior High within walking distance to Downtown Main Street. An adaptive reuse of the school is being renovated into 39- brand new apartment homes. This community preserves the past with historic features such as terrazzo flooring, original wood railings, and school lockers, while also providing modern amenities to surpass today’s market demands. Historic Apartments on 4th features a workout room, exercise room, large community spaces for meetings or social gatherings, off-street and on-street surface parking, an elevator, 24/7 maintenance, secure entry, private playground and more! Each high-quality apartment has energy efficient appliances, central air conditioning and tons of square footage, with many unique floor plans to choose from.
Pet Policy: One pet per household. Breed/weight restrictions apply. Please call for full details. Non-Refundable Pet Fee: $300.00
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 Historic Apartments On 4th 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
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 735ft2 | Call for Price† |
| 2 Bedroom (2/1) | 814ft2 | $850† |
| 3 Bedroom (3/2) | 1ft2 | $990† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 50% AMI for LIHTC Units | $38,050 / year | $43,450 / year | $48,900 / year | $54,300 / year | $58,650 / year | $63,000 / year |
| 50% AMI for PBRA Units | $38,050 / year | $43,450 / year | $48,900 / year | $54,300 / year | $58,650 / year | $63,000 / year |
| 60% AMI for LIHTC Units | $45,660 / year | $52,140 / year | $58,680 / year | $65,160 / year | $70,380 / year | $75,600 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Historic Apartments On 4th have a waiting list?
Historic Apartments On 4th 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 Historic Apartments On 4th?
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 Historic Apartments On 4th?
Historic Apartments On 4th is managed by MetroPlains Management, LLC headquartered in Devils Lake, North Dakota.
In addition to Historic Apartments On 4th, how many other affordable housing properties (and units) are there in Mandan?
In addition to Historic Apartments On 4th, we list 8 other affordable properties in Mandan. Learn about these properties here. Our data research shows that there are a total of 144 affordable units in Mandan.
When was the Historic Apartments On 4th listing last updated?
Historic Apartments On 4th listing on Affordable Housing Online was last updated on 08/23/2023 by Bobby Kiefert. Remember, a property's status can change so you should contact the property to confirm.
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Always check the program's income limit.
Most federal housing programs serve renters earning 80% or less of the Area Median Income (AMI), or less.Diane Johnson says:
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