Lofts at Evergreen Knoll

Follow the link to check on floor plans and apply online:

• Floor Plans of The Lofts at Evergreen Knoll in Faribault, MN (evergreenknollfaribault.com)

Our community participates in the Section 42 Tax Credit Program and has the following income restrictions based on number of people residing in the unit (Please Note: Further income restrictions may apply based on unit. The Property Manager will be able to let you know if further restrictions apply:

• 1 Person: $40,620
• 2 People: $46,440
• 3 People: $52,260
• 4 People: $58,020
• 5 People: $62,700
• 6 People: $67,320

Households containing all full-time students for five or more months during the current calendar year must meet one of these qualifications:

1. At least one student receiving assistance under the Title IV of the Social Security Act
2. At least one student previously under the care and placement responsibility of the state agency responsible for administering foster care
3. At least one student participating in a program receiving assistance under the Job Training Partnership Act, Workforce Investment Act, or under similar federal, state, or local laws
4. At least one student a single parent with children and the parent is not a dependent of another individual and the children are not dependents of someone other than a parent.
5. Students are married and entitled to file a joint tax return

Application fee(s) of $25/person age 18 or older and holding fee* of $500 due at time of application.

*Holding fee may increase to one month’s rent depending on screening and background check. The holding fee is transferred into the deposit upon move in.