Nicollet Square

3700 Nicollet Ave, Minneapolis, Minnesota 55409

Contact Nicollet Square

Nicollet Square at 3710 Nicollet Avenue houses studio apartments on the upper two floors, while much of the ground floor is rented by the Butter Bakery Cafe, Rise, Inc., and Life Force Chiropractic.

Half of Nicollet Square’s 42 units are dedicated to the long-term homeless, defined as those who have either been on the street for more than one year or have been without a place to stay four times in three years. The remaining units are designed to prevent homelessness among those who are emerging from and aging out of foster care, and are referred by county agencies.

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

Eligibility for Nicollet Square

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 Nicollet Square.

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

Nicollet Square Details

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

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.