Pine River Square Apartments

About This Building

Affordable Housing Option at 730 & 770 First St N Rental Apartments Supported by LIHTC and Income Restrictions Are you in search of an affordable housing option? Look no further! These rental apartments at 730 & 770 First St N are supported by the LIHTC (Low Income Housing Tax Credit) program, ensuring that they meet the necessary rent and income restrictions. Encouraging affordable housing for low-income individuals, the LIHTC provides incentives to builders and developers. The maximum rent for these apartments is determined based on the Area Median Income (AMI). However, it's important to note that the AMI may still pose affordability challenges for some low-income individuals. We encourage you to check the current rental rates to determine if they fit within your budget. These credits are also commonly referred to as Section 42 credits, named after the relevant section of the Internal Revenue Code. As demand for apartments continues to rise, waiting lists have become commonplace. To find out if you qualify and can apply to live in these apartments, please contact the management directly using the provided phone number. Key Services: 1. Professionally Managed 2. Affordable Rents 3. Inclusive of Heat, Water, Sewer, and Trash 4. Accessible Units 5. Cable Hook-Ups 6. Playground Facilities For further information or more details, please reach out to: CEPCO Management & Development 32 Tenth Ave. S, Suite 109 Hopkins, MN 55343