Otter Lake Terrace
401 Friberg Ave, Fergus Falls, MN 56537
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.
| Unit | Contract rent | Est. you pay | Rental assistance | Accessible | Availability | Fit |
|---|---|---|---|---|---|---|
| 2 BR | $815/mo | $750 · 30% of income | Yes | — | 1 open | EligibleFits household |
| 3 BR | $945/mo | $750 · 30% of income | Yes | — | Waitlist | EligibleFits household |
Accessibility
- Wide doorways
What to expect when you apply
- 1Contact 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.
- 2Submit 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.
- 3Eligibility & 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.
Why this matchedShow
- Income within Very-Low-Income limit
- 1 unit currently open
- Waitlist is open
- §521 rental assistance attached
Nothing flagged.
Covered in the 2023 Minnesota Housing Partnership preservation report.