Central Elderly Apts LIHTC Faribault, MN
Profile last updated · Data vintage: HUD LIHTC 2024
Central Elderly Apts is a Low-Income Housing Tax Credit (LIHTC) community in Faribault, MN with 18 units. Rents are set relative to household income.
18
total units
—
occupancy
—
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Low-Income Housing Tax Credit (LIHTC) |
|---|---|
| Address | 12 Central Ave N, Faribault, MN 55021 Map → |
| Tax-credit (LI) units | 18 |
| Placed in service | 1988 |
How to apply at Central Elderly Apts
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.
- Call or visit the management office at 12 Central Ave N, Faribault; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget.
Other subsidized housing in Faribault
- Golden Meadows Apartments PB Section 8
- The Lofts at Evergreen Knoll LIHTCPB Section 8
- Greenwood Place PB Section 8
- Robinwood Manor PB Section 8
- Village at Park Avenue LIHTC
- 2 Rivers Apartments LIHTC
- Prairiewood Townhomes LIHTCPB Section 8
- St. Lucas Riverside Apartments PB Section 8
- Park Central Apartments LIHTC
- Spring Court LIHTC
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Town's Edge Apartments PB Section 8 | Faribault | 2 km |
| Town's Edge Apartments PB Section 8 | Faribault | 2 km |
| Halter Two LIHTC | Faribault | 2.4 km |
| Halter Two LIHTC | Faribault | 2.4 km |
← All subsidized housing in Faribault
Frequently asked questions
What kind of subsidy does Central Elderly Apts 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 Central Elderly Apts?
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 Central Elderly Apts?
Contact the management office at 12 Central Ave N in Faribault. 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.