Ebenezer Towers

2523 Portland Ave, Minneapolis, Minnesota 55404

Contact Ebenezer Towers

Ebenezer Tower Apartments offers seniors independent living in a Minneapolis residential neighborhood with stunning views of downtown Minneapolis. In addition, we accept vouchers.Rent includes heat, water and electricity bring your own air conditioning for summer comfort and run it for free. Cable television and telephone are extra. Ebenezer Tower Apartments have studio, one-bedroom and two bedroom floor plans. Each apartment is fully carpeted, includes a kitchen with stove and refrigerator, bathroom with walk-in shower and ample closet space. Pets are allowed.

Unit (Bd/Ba)	Ft²	Rent
studio (Studio/1)	342	$530
1 Bedroom (1/1)	420	$640
1 Bedroom (1/1)	477	$730
1 Bedroom (1/2)	819	$960
2 Bedroom (2/1)	730	$930

Eligibility for Ebenezer Towers

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 Minneapolis but actual income limits may differ for units at Ebenezer Towers.

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 Minneapolis but actual income limits may differ for units at Ebenezer Towers.

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

Ebenezer Towers Details

192 studio, one and two bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Fitness Center
Off-Street Parking
Barber Shop and Beauty Salon
Laundry Facilities
Heat Included

Unit Amenities

Water Included

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.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.