Minnehaha Commons

3001 East Lake Street, Minneapolis, Minnesota 55406

Contact Minnehaha Commons

Minnehaha Commons is 3 story, brick and sided apartment building located on East Lake Street in Minneapolis. The project was designed for adults over the age of 55 who have experienced homelessness. Minnehaha Commons is located in the Longfellow neighborhood. There are 44 studio apartments. The building is fully handicap accessible.

Capital funding requires that tenants must earn less than 50% of area median income ($35,000 for a single adult) at move-in. Studios rent for $500 – $692 per month. All utilities are paid by the owner. Most will earn significantly less and the property can offer rent assistance from a variety of sources. There is also a wholistic set of services available through Touchstone Mental Health.

Minnehaha Commons is a secure building with controlled entry. The building has card operated laundry facilities on the first floor. Each unit has its own heat and air conditioning. A lovely community room with kitchen facilities is available on the first floor for tenant gatherings or community meetings.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price

This property is currently under construction.

Construction will begin in October 2018 and is expected to be completed in fall 2019.

Eligibility for Minnehaha Commons

Minnehaha Commons Details

44 studio bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Controlled Access
Community Room
On-Site Manager
Laundry Facilities
Community Kitchen

Unit Amenities

Handicapped Accessible
Heat and Air

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.