Gaar Scott Historic Lofts

614 N 1st St, Minneapolis, Minnesota 55401

Located downtown Minneapolis in the warehouse district, Gaar Scott Lofts offer open, loft-style one bedroom floor plans. Some features include fireplaces, 10'-14' ceilings, large windows, exposed brick, dishwasher and washers and dryers. Garage and off-street parking are available. Downtown businesses are withing walking distance. Income restrictions apply to some units. Please call the site office for additional information and to arrange a personal tour.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	855	Call for Price

Eligibility for Gaar Scott Historic Lofts

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 Gaar Scott Historic Lofts.

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

Gaar Scott Historic Lofts Details

30 one bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Off-Street Parking
Smoke Free
Picnic Area
Heat Included

Unit Amenities

Dishwasher
Fireplace
Washer and Dryer Included
Oversized Windows
High Ceilings

Nearby Amenities

Close to Downtown District
Nearby Parks and Recreation

Office Hours

Day	Hours
Monday	9:00am-5:00pm
Tuesday	9:00am-5:00pm
Wednesday	9:00am-5:00pm
Thursday	9:00am-5:00pm
Friday	9:00am-5:00pm

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.