About This Wadena Square Apartments
This apartment complex falls under the Rural Development and Section 42 program, making it an affordable housing option for low income individuals. The LIHTC provides incentives to builders and developers to offer affordable housing, with the maximum rent based on the Area Median Income (AMI). However, some low income individuals may still find the rent unaffordable due to the AMI restrictions. The LIHTC is also commonly referred to as Section 42 credits in the Internal Revenue Code. It's important to note that there may be a waiting list to rent an apartment, and all adults expected to live in the unit must have their income verified at the time of application. The complex is professionally managed and offers affordable rents, oak cabinetry, heat, water, sewer, trash, and cable hook-ups. The unit is also accessible and there is a playground on site. Contact CEPCO Management & Development at 32 Tenth Ave. S, Suite 109, Hopkins, MN 55343 for more information.
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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