Studio
1 bath480 sq ft
- 30% AMI$647 a month
Waitlist only
Join the waitlist - 60% AMI$1,346 a month
2 homes free
See The Aster · 60% AMI
Every home at Marigold Commons rents under the Housing Tax Credit program (LIHTC). See who qualifies, how much your household may earn in 2026, and how to apply.
Housing Tax Credit program (LIHTC)
It is for households whose total yearly income is at or below the limit for their size and for the tier of the home they rent.
10 homes at 30% AMI, 38 at 50% AMI, 48 at 60% AMI.
Each tier is a share of the area median income (AMI) for the Minneapolis–St. Paul–Bloomington area, which HUD sets each year.
Read HUD's income limitsFind your household size in the table. If your household's total yearly income is at or below a tier's limit, you can apply for that tier's homes.
| Household size | 30% AMI | 50% AMI | 60% AMI |
|---|---|---|---|
| 1 person | $27,960 | $46,600 | $55,920 |
| 2 people | $31,950 | $53,250 | $63,900 |
| 3 people | $35,940 | $59,900 | $71,880 |
| 4 people | $39,930 | $66,550 | $79,860 |
| 5 people | $43,140 | $71,900 | $86,280 |
| 6 people | $46,320 | $77,200 | $92,640 |
A household of more than six: call the leasing office for its limit.
Minimum income: two times the monthly rent. It does not apply to households with a Housing Choice Voucher or other rental assistance.
We accept Housing Choice Vouchers.
Your voucher's payment standard must cover the rent of the home you choose; your housing authority can tell you yours.
Choose how many people live in your household. You'll see the most it may earn for each tier, and the minimum income for each tier's lowest rent.
From the income limits to your lease, and how long each part takes.
Find your household size in the 2026 income limits table. Your household's total yearly income must be at or below the limit for the tier you apply for.
See the income limitsEach floor plan shows its tier, its rent, its total monthly price and the homes free now.
See the floor plansOne form does both. It asks for your household size, the plan you want and whether you have a voucher, and no documents yet.
Go to the formBring or send the documents on the list for every adult in your household.
Turn in every document within five business days of starting your application.
We check every source of income against your documents. The program requires it before you move in.
Your file then goes to the program's compliance review, which confirms your household's income fits the home's tier.
Review takes up to two weeks: first your income and documents, then the program's compliance review.
Once your household is approved, you sign your lease and move in.
Each year the household certifies its income again. A household whose income rises after move-in can stay.
Rents are set each year by the program from the area median income for the Minneapolis–St. Paul–Bloomington area, and by the home's tier. They do not change with your income.
1 bath480 sq ft
Waitlist only
Join the waitlist2 homes free
See The Aster · 60% AMI1 bath640–690 sq ft
Waitlist only
Join the waitlist3 homes free
See The Calla · 50% AMI4 homes free
See The Calla · 60% AMI2 baths920 sq ft
2 homes free
See The Dahlia · 50% AMI1 home free
See The Dahlia · 60% AMI2 baths1,140 sq ft
1 home free
See The Zinnia · 60% AMIThe 30% AMI homes are full: they take a waitlist. Every other tier is taking applications.
AMI is the area median income: the middle household income for the Minneapolis–St. Paul–Bloomington area, set each year by HUD. A home at 60% AMI is for a household earning no more than 60% of it for its size. For one person in 2026 that is $55,920 a year.
Find your household size in the income limits table. If your household's total yearly income is at or below the limit for a tier, you can apply for that tier's homes. Your income must also be at least two times the monthly rent, unless you have a Housing Choice Voucher or other rental assistance.
Wages and tips, self-employment, Social Security and SSI, pensions, unemployment, child support and alimony, public assistance, and income from assets such as savings. We verify each source with documents.
Yes. We accept Housing Choice Vouchers and every other lawful source of income, and the minimum income rule does not apply to a household with a voucher.
No. The Housing Tax Credit program limits income and sets each home's rent by its tier. Section 8 usually means a Housing Choice Voucher, which a household brings with it, and we accept it here. You don't need a voucher to apply.
A household made up only of full-time students usually does not qualify under the tax credit program. There are exceptions, such as a student who is a single parent or receives certain assistance. Call us and we'll tell you whether one applies.
No. Your rent is set by your home's tier, not by your income. Each year you certify your income again, and if it rises after you move in, you can stay.