NOW OFFERING IN-PERSON TOURS!
Call 701-515-3273 to schedule a tour today!
Call 701-515-3273 to schedule a tour today!
ABOUT NEX SENIORDiscover NEX Senior Living Apartments
Welcome to NEX Senior Living Apartments, Fargo’s newest 55+ senior independent living community, conveniently located just south of West Acres Shopping Mall. Featuring thoughtfully designed 1- and 2-bedroom apartment homes, NEX offers a modern and comfortable living experience. What to Expect: NEX Senior Living Apartments combines a prime location with practical amenities, making it an ideal choice for senior living in Fargo. Stay close to shopping, dining, and entertainment while enjoying the convenience of nearby healthcare services and other community resources. Our community is designed to provide a vibrant and engaging lifestyle for our residents. Apply Now: We are excited to announce that NEX Senior Living Apartments is now accepting applications! Explore our floor plans, amenities, and leasing options to find the perfect home for you. Our leasing team is ready to assist you with any questions and guide you through the application process. Stay Updated: This page will be regularly updated as new information becomes available. We encourage you to check back often for updates on community events, new amenities, and other exciting developments. We look forward to welcoming you to our community soon! |
|
INCOME GUIDELINES
Understanding Income Restrictions for Our Property
Our property is part of the Low-Income Housing Tax Credit (LIHTC) program and also benefits from Low-Home funds. These programs help us provide affordable housing to those who qualify based on their income.
What is LIHTC?
The Low-Income Housing Tax Credit (LIHTC) program is a federal initiative that encourages the development of affordable rental housing for low-income households. To qualify for a LIHTC unit, your household income must be below certain limits, which are determined by the number of people in your household.
What are Low-Home Funds?
Low-Home funds are another source of financial assistance that helps us offer affordable housing. Similar to LIHTC, these funds come with income restrictions to ensure that the housing is available to those who need it most.
Why Do These Restrictions Matter?
These income restrictions ensure that our affordable housing units are rented to households that truly need them. By adhering to these guidelines, we can provide quality housing at a lower cost to eligible families and individuals.
Income Limits
Below, you'll find the maximum income limits for our property. If your household income falls below these limits, you may qualify for one of our affordable units.
Our property is part of the Low-Income Housing Tax Credit (LIHTC) program and also benefits from Low-Home funds. These programs help us provide affordable housing to those who qualify based on their income.
What is LIHTC?
The Low-Income Housing Tax Credit (LIHTC) program is a federal initiative that encourages the development of affordable rental housing for low-income households. To qualify for a LIHTC unit, your household income must be below certain limits, which are determined by the number of people in your household.
What are Low-Home Funds?
Low-Home funds are another source of financial assistance that helps us offer affordable housing. Similar to LIHTC, these funds come with income restrictions to ensure that the housing is available to those who need it most.
Why Do These Restrictions Matter?
These income restrictions ensure that our affordable housing units are rented to households that truly need them. By adhering to these guidelines, we can provide quality housing at a lower cost to eligible families and individuals.
Income Limits
Below, you'll find the maximum income limits for our property. If your household income falls below these limits, you may qualify for one of our affordable units.
Income guidelines for Cass County HOME, effective 6/01/2024:
Household Size |
50% Maximum Income |
1 Person |
$37,100 |
2 People |
$42,400 |
3 People |
$47,700 |
4 People |
$52,950 |
Income guidelines for Cass County, effective 04/01/2025:
Household Size |
30% Maximum Income |
40% Maximum Income |
50% Maximum Income |
80% Maximum Income |
1 Person |
$24,300 |
$32,400 |
$40,500 |
$64,800 |
2 People |
$27,750 |
$37,000 |
$46,250 |
$74,000 |
3 People |
$31,230 |
$41,640 |
$52,050 |
$83,280 |
4 People |
$34,680 |
$46,240 |
$57,800 |
$92,480 |
| NEX Senior - Resident Selection Criteria |
DEPOSIT & APPLICATION INFORMATION
Deposit: $500
Application Fee: $40/Adult
Application Fee: $40/Adult
UTILITIES
Included Utilities
- Water
- Sewer
- Garbage
PET POLICY
Sorry, no pets are accepted at this property. We do however accept documented service/therapy animals. Please call for more information.
AMENITIES/FEATURES
|
|
|
VIRTUAL TOURS
|
1 Bedroom, 1 Bathroom
|
2 Bedroom, 1 Bathroom
|
FLOORPLANS
1 Bedroom - "Type A"
|
1 Bedroom - "Type B"
|
2 Bedroom - "Type A"
|
2 Bedroom - "Type B"
|
PRICING & AVAILABILITY
Availability is updated weekly and is subject to change at any time. If displaying 'No Data Available,' we currently have no openings. Please contact us directly to confirm current availability.
LOCATION
1728 42nd St S, Fargo, ND 58103
