Broadway Flats

2505 Penn Ave N, Minneapolis, Minnesota 55411

Broadway Flats is one of the newest housing communities in North Minneapolis with studio, one and two bedroom apartment homes available. We are conveniently located at West Broadway and Penn Avenue, providing easy access to public transportation and nearby shopping. This community offers workforce housing that serves residents of the Jordan neighborhood and provide a level of quality and amenities not previously available in the North Minneapolis community.

Unit (Bd/Ba)	Ft²	Rent
studio (Studio/1)	527	$978
1 Bedroom (1/1)	731	$1,048
2 Bedroom (2/1)	931	Call for Price

Eligibility for Broadway Flats

Broadway Flats Details

103 studio, one and two bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 223
Section 221 (d) (3)

Property Amenities

Controlled Access
Elevator
Fitness Center
Community Room
Business Center
On-Site Manager
Underground Parking
Laundry Room(s)
On-Site Maintenance

Unit Amenities

Dishwasher
Microwave
Walk-in Closet(s)
Carpet
Refrigerator
Extra Storage
Central Heat & Air
Trash Chutes
Private Patio and Balcony

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.