Wadena Square Apartments

About This Building

Different Program Type: Rural Development & Section 42 For those seeking an economical housing alternative, these rental apartments receive support from the LIHTC program and adhere to program rent and income restrictions. The LIHTC program aims to encourage builders and developers to provide affordable housing options for individuals with low income. The maximum rent charged is determined based on the AMI, Area Median Income. However, it is essential to note that the AMI may still render this apartment unaffordable for low income individuals. To determine affordability, please check the current rental rates. Additionally, the credits provided are commonly referred to as Section 42 credits, named after the applicable section of the Internal Revenue Code. Nowadays, it is common for apartments to have waiting lists. Therefore, we offer this listing so that you can directly contact the provided number to inquire about eligibility and the application process. Useful tip: Familiarize yourself with LIHTC (Low Income Tax Credit) units available for rent. It is required to include and verify the income of all adults who are expected to reside in this apartment during the application process. For further details, please call the provided contact information. Available Services: - Professional Management - Affordable Rent - Oak Cabinetry in all kitchens & bathrooms - Heating, Water, Sewer, and Trash included - Cable Hook-Ups - Accessible Units - Playground - Public Transportation Contact Information: CEPCO Management & Development 32 Tenth Ave. S, Suite 109 Hopkins, MN 55343