About This Pine River Square Apartments

These rental apartments are located at 730 & 770 First St N and fall under the Rural Development & Section 42 - Income Restrictions program. They are an ideal option for those seeking affordable housing with applicable rent and income restrictions supported by the LIHTC. The LIHTC facilitates affordable housing by providing incentives to builders and developers for low-income persons. However, the maximum rent charged is based on the AMI, which may make this apartment unaffordable for some low-income individuals. You can check the current rental rates to determine affordability. These credits are commonly referred to as Section 42 credits, named after the applicable section of the Internal Revenue Code. It's important to note that most apartments have waiting lists, so it's best to contact the rental office directly to inquire about applying and qualifying to live there. Keep in mind that all the adults expected to reside in the apartment must have their income included and verified at application time. The rental apartments are professionally managed and offer affordable rents with heat, water, sewer, and trash included. Additionally, they have an accessible unit, cable hook-ups, and a playground. Contact CEPCO Management & Development at 32 Tenth Ave. S, Suite 109, Hopkins, MN 55343 for more details.

How to apply

Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. The federal Housing and Urban Development (HUD) department addressed concerns of distressed properties and blighted superblocks with revitalization and funding projects for the renewal of public housing to decrease its density and allow for tenants with mixed income levels.

1. Check Your Eligibility Criteria

2. Search For Your Local Housing Authority

3. Fill In And Submit The Application Form

4. Check Your Waiting List Status

5. Move Into An Unit

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