Elliot Park Apartments

727 East 14th Street, Minneapolis, Minnesota 55404

Elliot Park Apartments is a 30 unit property located in the Elliot Park neighborhood of Minneapolis. The location provides great access to bus lines, shopping and restaurants. Downtown and the skyways are within walking distance of Elliot Park Apartments. All the apartments have been completely updated including new kitchens and baths, new flooring and windows, new cabinets, closets & vanities. Each building has a central laundry and off street parking. Water and trash are paid by the owner and heat some of the units. Please call the the site office for more information.

Unit (Bd/Ba)	Ft²	Rent
Two Bedroom One Bath (2/1)	660	Call for Price
Three Bedroom One Bath (3/1)	1045	Call for Price

Eligibility for Elliot Park 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 Minneapolis but actual income limits may differ for units at Elliot Park Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
30%	$26,100	$29,800	$33,550	$37,250	$40,250	$43,250
50%	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050
80%	$66,300	$75,750	$85,200	$94,650	$102,250	$109,800

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 Elliot Park Apartments.

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

Elliot Park Apartments Details

30 two and three bedroom units.
Section 8 Project-Based Rental Assistance (PBRA)
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Off-Street Parking
Laundry Facility

Nearby Amenities

Close to Downtown District
Near Grocery
Nearby Parks and Recreation
Near Bus Line

Office Hours

Day	Hours
Monday	8:30am-4:30pm
Wednesday	1:00pm-4:30pm
Friday	8:30am-4:30pm

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.