Centennial Terrace LIHTC Milaca, MN

Profile last updated · Data vintage: HUD LIHTC 2024

Centennial Terrace is a Low-Income Housing Tax Credit (LIHTC) community in Milaca, MN with 24 units. Rents are set relative to household income.

24
total units
occupancy
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Low-Income Housing Tax Credit (LIHTC)
Address380 1st St Ne, Milaca, MN 56353 Map →
Tax-credit (LI) units24
Placed in service1994

How to apply at Centennial Terrace

LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.

  1. Call or visit the management office at 380 1st St Ne, Milaca; 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.

Other subsidized housing in Milaca

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Frequently asked questions

What kind of subsidy does Centennial Terrace have?
Low-Income Housing Tax Credit (LIHTC). LIHTC tax-credit: units reserved for households within set income bands renting below market rate. Apply at the leasing office; you'll need steady income within limits.
How much is rent at Centennial Terrace?
Rents are income-based: expect to pay roughly 30% of adjusted monthly household income under the building's federal program.
How do I apply at Centennial Terrace?
Contact the management office at 380 1st St Ne in Milaca. 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.