Park Terrace LIHTC Mahnomen, MN
Profile last updated · Data vintage: HUD LIHTC 2024
Park Terrace is a Low-Income Housing Tax Credit (LIHTC) community in Mahnomen, 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 | 415 5th St Nw, Mahnomen, MN 56572 Map → |
| Tax-credit (LI) units | 17 |
| Placed in service | 2017 |
How to apply at Park 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.
- Call or visit the management office at 415 5th St Nw, Mahnomen; 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 Mahnomen
- Valleyview Commons PB Section 8
- White Earth Homes Iv LIHTCPB Section 8
- Mahnomen Ranch Limited Partnership LIHTC
← All subsidized housing in Mahnomen
Frequently asked questions
What kind of subsidy does Park 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 Park 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 Park Terrace?
Contact the management office at 415 5th St Nw in Mahnomen. 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.