CommonBond Section 42 and Tax Credit Great Rate Housing

CommonBond has Section 42 - Tax Credit housing in Minnesota, Iowa, and Wisconsin. Residents pay a set rent amount determined by the Area Median Income (AMI): income-qualifying residents who make 30-60% of AMI pay lower than market rate. Residents in these communities must prove they make enough income to pay the rent and meet our credit, criminal, and previous rental housing standards.

Communities followed by an (S) are for seniors.

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Section 42/Tax Credit: Section 42/Tax Credit assists median income households of all ages. The rent amounts for Section 42 or Tax Credit apartments are set based on 30%, 40%, 50%, or 60% of the median gross income for the area.

Section 236: Section 236 provides housing to low income families, elderly, disabled and individuals under age 62. Rental fees are income-based, falling somewhere between minimum and market rates.

CommonBond Communities
Affordable Housing with Services
328 Kellogg Blvd. West
St. Paul MN 55102
Phone: 651-291-1750
Fax: 651-291-1003

Section 42 - Tax Credit Housing How Do I Apply? To apply to a community below, click on "More Details" and then click the Apply For Housing tab.

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Section 42 - Tax Credit Housing

How Do I Apply?

To apply to a community below, click on "More Details" and then click the Apply For Housing tab.