Minnesota

Tax credit apartments in Shakopee, MN

HUD's database lists 8 properties in Shakopee built or rehabbed with low-income housing tax credits: 288 apartments, 283 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Boulder Ridge Townhomes

1100 Kennsington Dr, Shakopee, MN 55379

29 3BR, 1 4BR

Apartments
30
Income-restricted
29
Placed in service
2000

Boulder Ridge Townhomes Phase II

Multiple Building Addresses, Shakopee, MN 55379

21 3BR, 1 4BR

Apartments
22
Income-restricted
19
Placed in service
2003

Core Crossing

1360 Stagecoach Road, Shakopee, MN 55379

12 1BR, 26 2BR, 23 3BR

Apartments
61
Income-restricted
61
Placed in service
2022

Evergreen Heights Townhomes

Multiple Building Addresses, Shakopee, MN 55379

88 studio

Apartments
24
Income-restricted
24
Placed in service
2001

Evergreen Heights Townhomes - Phase I

Multiple Building Addresses, Shakopee, MN 55379

14 2BR, 15 3BR, 1 4BR

Apartments
30
Income-restricted
29
Placed in service
2000

River Bend Townhomes

Multiple Building Addresses, Shakopee, MN 55379

9 2BR, 7 3BR

Apartments
16
Income-restricted
16
Placed in service
2003

Sarazin Flats

1575 Sarazin Street, Shakopee, MN 55379

10 1BR, 29 2BR, 18 3BR

Apartments
57
Income-restricted
57
Placed in service
2019

Sarazin Flats Ii, Limited Partnership

1595 Sarazin Street, Shakopee, MN 55378

10 1BR, 26 2BR, 12 3BR

Apartments
48
Income-restricted
48
Placed in service
2020

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.