Hopkins Village Apartments

9 7th Ave S, Hopkins, Minnesota 55343

Residents at Hopkins Village Apartments enjoy a comfortable, carefree lifestyle. Some of the many features and amenties include social events and activities, community room, lending library, central laundry facility and trash rooms on each floor. The eleven story building has spectacular views of both downtown Hopkins and downtown Minneapolis. Rent is based on your income and there are various programs available to those who qualify to assit with rent. Financial eligibility is based on income. Call the site office for more information and to make an appointment for a personal showing.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	560	From $801 To $1,257
2 Bedroom (2/1)	842	$919

Eligibility for Hopkins Village Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Hopkins but actual income limits may differ for units at Hopkins Village Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
30%	$26,100	$29,800	$33,550	$37,250
50%	$43,500	$49,700	$55,900	$62,100
80%	$66,300	$75,750	$85,200	$94,650

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Hopkins but actual income limits may differ for units at Hopkins Village Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100

Hopkins Village Apartments Details

161 one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
Section 221 (d) (3)
Section 236

Property Amenities

Fitness Center
Many Activities
Community Room
Library
On-Site Manager
On-Site Maintenance
Laundry Facility

Unit Amenities

Spacious floor plans
Bathroom Grab Bars

Office Hours

Day	Hours
Monday	8:00am-4:00pm
Tuesday	8:00am-4:00pm
Thursday	8:00am-4:00pm
Friday	8:00am-4:00pm

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Section 236

Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.