Surrounded by mature trees with plenty of green space, Riverview Manor provides affordable one bedroom apartments. The building is set back from Main Street and presents the perfect living setting for adults and persons with disabilities. Take advantage of this location’s large community room and large front porch sitting space to socialize with others.
These cozy one bedroom apartments start at $50 for rent. With on-site laundry and off street parking you won’t want to pass up Riverview Manor.
Does this sound like the place for you? Apply today!
Below you will find general information about Riverview Manor. This includes information on rent, funding and finances, building amenities and more. If you have any questions about Riverview Manor, please contact our staff at RFHA. We are always happy to help!
Tenant rent is 30% of the adjusted household income but no less than $50. Income from assets is included in household income. Heat, electricity, hot water and trash removal/recycling are included in the rent.
There is no debt on this development. Tenant rent pays 40% of the operating costs. Congress allocates funding for all HUD programs annually. HUD recaptures excess reserves held by a Housing Authority.
Operating funding is determined using a formula which considers the cost of the utilities included in the rent, cost of the audit, the age of the building and the vacancy rate. Funds must be used for routine property management. The Board of Commissioners approves the operating budget each year in April. Operating funding from HUD usually does not meet all of the operating costs and has not been awarded on a regular schedule.
Capital funding is intended for non-routine maintenance and capital improvements. Annually, funds are awarded based on age of the property, type of structure and number of units. The Board of Commissioners approve the five year capital improvements plan and prioritize spending once Capital funds are awarded by HUD.
Riverview Manor is located at 625 N Main St.
River Falls Housing Authority professionally manages the properties with excellent administrative and maintenance staff. Contact our office today for more information on your new home.
Monday through Friday 8:30am to 12:30pm.