NORTH MOORHEAD VILLAGE APARTMENTS

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PLEASE NOTE: This property is currently under construction. Leasing has not started at this time. If you're interested in learning more about this property when information becomes available please fill out the form below.

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1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom

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ABOUT NORTH MOORHEAD VILLAGE APARTMENTS

North Moorhead Villages will be located in Moorhead, MN and feature affordable 1, 2, 3 & 4 bedroom apartment homes.

Income Restrictions/RESIDENT SELECTION CRITERIa

This property participates in the LIHTC program. Residency at this property is limited to low to moderate income households. The maximum allowable incomes (by household size) are listed below. Income limits go by your total household annual gross income. Please give us a call if you have any questions regarding this program or qualifications.

Household Size	30%	60%
1 Person	$21,120	$42,240
2 People	$24,120	$48,240
3 People	$27,150	$54,300
4 People	$30,150	$60,300
5 People	$32,580	$65,160
6 People	$34,980	$69,960
7 People	$37,410	$74,820
8 People	$39,810	$79,620

MINIMUM INCOME GUIDELINES:

If a resident receives tenant based, monthly rental subsidy, there will be no minimum income requirements.
It will be sufficient minimum income if a resident has cash assets equal to at least six months of rent.
30% rental units must have a minimum income equal to (2) times the monthly rent.
All other units must have verifiable income equal to two point five (2.5) times the monthly rent or cash assets at least equal to at least six months of rent.