Balsam Hill Apartments & Townhomes PB Section 8 Mound, MN

Profile last updated · Data vintage: HUD FY2025

Balsam Hill Apartments & Townhomes is a Project-Based Section 8 community in Mound, MN with 45 units reporting 89% occupancy. Assisted residents pay about $317/month on average.

45
total units
89%
occupancy
$317
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8
Address2020 Commerce Blvd, Mound, MN 55364 Map →
Average household income$13,167/yr
Average personal income$12,854/yr
People per unit1
Moved in within last year20%
Households below 30% AMI100%
Households below 50% AMI100%
One-bedroom share95%

How to apply at Balsam Hill Apartments & Townhomes

Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.

  1. Call or visit the management office at 2020 Commerce Blvd, Mound; ask if the waitlist is open and request an application.
  2. Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
  3. Claim eligible preferences (homelessness, veteran, local residency) with documentation.
  4. Respond fast to interview letters; verify rent expectations against your budget (~$317/mo average here).

Other subsidized housing in Mound

Nearby subsidized housing (within ~10 km)

PropertyLocationDistance
Maple Terrace LIHTCPB Section 8Maple Plain7.9 km
Hillside Terrace - Long Lake LIHTCPB Section 8Long Lake9.5 km
South Shore Park LIHTCPB Section 8Excelsior10.3 km
Vista Ridge, Limited Partnership LIHTCPB Section 8Waconia13.1 km
Evergreen-waconia PB Section 8Waconia14.2 km
Honeytree Apts LIHTCDelano14.2 km

← All subsidized housing in Mound

Frequently asked questions

What kind of subsidy does Balsam Hill Apartments & Townhomes have?
Project-Based Section 8. Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
How much is rent at Balsam Hill Apartments & Townhomes?
Residents report average rents near $317/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at Balsam Hill Apartments & Townhomes?
Contact the management office at 2020 Commerce Blvd in Mound. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.

Figures from HUD's Picture of Subsidized Households (FY2025) and/or LIHTC database (2024); administrative averages that may lag current conditions. Equal Housing Opportunity. This site is not affiliated with HUD or the property owner.