Riverside Terrace LIHTCPB Section 8 Thief River Falls, MN

Profile last updated · Data vintage: HUD FY2025

Riverside Terrace is a Project-Based Section 8 community in Thief River Falls, MN with 66 units reporting 95% occupancy. Assisted residents pay about $398/month on average.

66
total units
95%
occupancy
$398
avg resident rent
reported wait

Resident & program facts (HUD-reported)

Program(s)Project-Based Section 8, Low-Income Housing Tax Credit (LIHTC)
Address225 Labree Ave S, Thief River Falls, MN 56701 Map →
Average household income$17,306/yr
Average personal income$16,508/yr
People per unit1
Moved in within last year16%
Households below 30% AMI79%
Households below 50% AMI98%
One-bedroom share100%

How to apply at Riverside 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 225 Labree Ave S, Thief River Falls; 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 (~$398/mo average here).

Other subsidized housing in Thief River Falls

← All subsidized housing in Thief River Falls

Frequently asked questions

What kind of subsidy does Riverside Terrace have?
Project-Based Section 8; 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 Riverside Terrace?
Residents report average rents near $398/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 Riverside Terrace?
Contact the management office at 225 Labree Ave S in Thief River Falls. 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.