1500 Nicollet | One Bedroom - J (60%)

1500 Nicollet participates in an affordable housing program. Rent at a Low Income Housing Tax Credit Program property has a rent advantage to the resident compared to other neighboring communities. Rental rates are a specific percentage below the area median income (AMI). To accommodate different household income levels, we offer 60% AMI homes and 80% AMI homes, which have different income requirements and are detailed below. This variety allows for more households to be eligible to call 1500 Nicollet home!

Before applying for an available floor plan, review the income limits to determine if you are eligible for a 60% AMI or 80% AMI home.

60% AMI HOMES

*Rental rates that are 60% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$55,620

$63,600

$71,520

$79,440

$85,800

$92,160

80% AMI HOMES

*Rental rates that are 80% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$74,160

$84,800

$95,360

$105,920

$114,400

$122,880

The household income is based on GROSS annual income (before any deductions) earned from all sources including; wages, social security payments, public assistance, pensions, annuities, interest income, dividends, stocks, bonds, insurance settlements, recurring gifts from family/friends, lottery winnings, etc. The property has a minimum household income requirement of 2.5 times the monthly rent amount to qualify. Third-party verification will be required of all income and copies of tax returns and pay stubs may be required.

Units are not available under selected Floor plan(s). Below are the available units for other floor plan(s).

Immediate move-in date selection is subject to the application approval process. On average the full application process can take 7-10 business days to complete. Please note that the move-in date you selected could change to accommodate the approval process. Reach out to the office with any questions you might have. Please select an apartment from the list below that best suits your needs.

One Bedroom - K (60%)

1 Bedroom | 1 Bathroom

Apartment	Sq. Ft.	Rent	Action
Apartment: #206	Sq. Ft.: 1,207	Rent: $1,752	Apply Now for apartment #206
Apartment: #606	Sq. Ft.: 1,207	Rent: $1,752	Apply Now for apartment #606

Apartment	Sq. Ft.	Rent	Action
Apartment: #331	Sq. Ft.: 1,032	Rent: $1,752	Apply Now for apartment #331
Apartment: #431	Sq. Ft.: 1,032	Rent: $1,752	Apply Now for apartment #431

Apartment	Sq. Ft.	Rent	Action
Apartment: #202	Sq. Ft.: 1,080	Rent: $1,752	Apply Now for apartment #202
Apartment: #314	Sq. Ft.: 1,080	Rent: $1,752	Apply Now for apartment #314

Apartment	Sq. Ft.	Rent	Action
Apartment: #502	Sq. Ft.: 1,080	Rent: $2,348	Apply Now for apartment #502
Apartment: #514	Sq. Ft.: 1,096	Rent: $2,348	Apply Now for apartment #514

One Bedroom - J (60%)

60% AMI HOMES

80% AMI HOMES

One Bedroom - K (60%)

One Bedroom - L (80%)

Three Bedroom - B (80%)

Three Bedroom - L (60%)

Two Bedroom - E (60%)

Two Bedroom - F (60%)

Two Bedroom - G (60%)

Two Bedroom - H (60%)

Two Bedroom - J (80%)

Two Bedroom - K (60%)

Two Bedroom - M (80%)

Two Bedroom - N (60% - Live/Work Apartment)

Two Bedroom - Q (60%)

Two Bedroom - Q (80%)

Two Bedroom - S (80%)

Two Bedroom - U (80%)

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