Terrace View - MN

About This Building

Terrace View: Affordable Housing Option Supported by LIHTC in Monticello, MN Affordable Housing for Low-Income Individuals: Offering Rental Apartments with Income Restrictions Terrace View is a Low-Income Housing Tax Credit (LIHTC) apartment complex situated in Monticello, MN. If you are seeking an affordable housing option, these rental apartments are specifically supported by LIHTC and come with program rent and income limitations. The LIHTC program provides incentives to builders and developers to ensure affordable housing options for individuals with low income. However, keep in mind that the maximum rent is determined based on the Area Median Income (AMI), which might render this apartment unaffordable for some low-income individuals. To determine if Terrace View is within your budget, please check the current rental rates. This apartment complex comprises 26 one and two-bedroom units designed for low-income individuals. Contact Terrace View directly at the provided number to inquire about eligibility and the application process. Find out if you qualify to live in this affordable housing community with Terrace View.