Echo Flats Apartments

2636 Pillsbury Ave S, Minneapolis, Minnesota 55408

Echo Flats is 20 apartments in four separate buildings located in south Minneapolis. They offer 2 ,3 and 4 bedroom units. All properties are close to shopping, restaurants and bus lines. To qualify, residents must meet certain income restrictions.

The rental office is located at 2636 Pillsbury Ave.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom One Bath (2/1)	880	From $865
Three Bedroom One Bath (3/1)	930	From $1,090
Four Bedroom One Bath (4/1)	1949	From $1,460

Eligibility for Echo Flats Apartments

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 Echo Flats Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person	7 Person	8 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050	$77,050	$82,000
Low Income (60%)	$52,200	$59,640	$67,080	$74,520	$80,520	$86,460	$92,460	$98,400

Echo Flats Apartments Details

57 two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Laundry Facility
New and Renovated Apartment Homes

Unit Amenities

Spacious floor plans

Nearby Amenities

Close to Shopping
Nearby Parks and Recreation
Near Bus Line
Close to Grocery Stores

Office Hours

Day	Hours
Monday	8:00am-4:30pm
Tuesday	8:00am-4:30pm
Wednesday	8:00am-4:30pm
Thursday	8:00am-4:30pm
Friday	8:00am-4:30pm

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.