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Schuett Companies, Inc.

Subsidized Housing for Seniors

Riverside Terrace

225 Labree Ave S, Thief River Falls, MN, 56701

Distance: 19 Miles

(218) 681-7657

Website

https://schuettcares.com/our-properties

Service Details

Description

Privately owned building whose management contracts with either the U.S. Department of Housing and Urban Development (HUD) or the Minnesota Housing Finance Agency to receive rental subsidies


This type of property is sometimes referred to as "Project Based Section 8 Housing." Property owner/manager must follow HUD regulations. The government gives funds directly to the apartment owners, who lower the rents they charge tenants with low-income. This type of affordable housing requires at least one resident in the apartment to be a senior. The rental amount paid by the resident is determined based on the resident's income. Some units have a low, fixed rent amount.


HUD requires rental housing to provide Equal Housing Opportunity. HUD enforces the Fair Housing Act. More information available online.


Additional Information

Senior housing with optional housing with services in place.


Features

  • Area Served by County
    • Pennington County 
  • Specialization
    • Older adults 
    • People with low income 

Eligibility

The resident must meet income guidelines set by the U.S. Department of Housing and Urban Development (HUD). Check with the property management for specific income limits.


This type of housing requires at least one resident in the apartment to be a senior. HUD defines an elderly household as a household where at least one person is age 62 or older. Individual properties may have additional eligibility requirements.


Fees

Deposit: one month's rent - minimum $50.
Security deposit is based on Total Tenant Payment (TTP)


Area Served

Pennington County


Websites

Phone Numbers

Type Number Hours
Main (218) 681-7657

Last Update

7/8/2024

Other Locations

Other Services or resources

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