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USDA-supported rental · Otter Tail County

Otter Lake Terrace

401 Friberg Ave, Fergus Falls, MN 56537

Enter income to check fitWaitlist open
Unit mix
1 × 2BR · 1 × 3BR
Contract rent
$815–$945/mo
USDA-financed since
1984
Loan maturity
2024 · SARA applied

Units

Rents shown are the contract rent set by USDA. For Section 521-assisted units, the household typically pays 30% of adjusted income; rental assistance covers the rest.

UnitContract rentRental assistanceAccessibleAvailability
2 BR$815/moYes1 open
3 BR$945/moYesWaitlist

Accessibility

  • Wide doorways

What to expect when you apply

  1. 1
    Contact the property manager

    Reach out to Great Plains Management to confirm openings and request a tenant application packet. USDA does not take rental applications directly.

  2. 2
    Submit income & household documentation

    You'll provide proof of income, household composition, ID, and any disability/elderly verifications. Section 521-assisted units use third-party income verification.

  3. 3
    Eligibility & lease-up

    If approved, your rent is capped at roughly 30% of adjusted income; rental assistance covers the gap. If no unit is open you'll be placed on the waitlist.

Preservation note

Covered in the 2023 Minnesota Housing Partnership preservation report.

1 open
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