Paige Hall is managed by Aeon.
Paige Hall's efficiency and one-bedroom apartment homes serve households earning 50% or less of the area median income. Its convenient downtown Minneapolis location is convenient for individuals working nearby service sector jobs.
Aeon partnered with Twin Cities Housing Development Corporation to renovate Paige Hall in 1989. The historic building was vacant and vulnerable to the encroaching commercial downtown Minneapolis.
The renovation of Paige Hall helped preserve affordable housing and protect the residential character of the Elliot Park neighborhood.
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | From $500 To $515 |
Two Bedroom (2/1) | - | From $555 To $775 |
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 Paige Hall.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $43,500 | $49,700 | $55,900 | $62,100 |
Low Income (60%) | $52,200 | $59,640 | $67,080 | $74,520 |
Day | Hours |
---|---|
Monday | 10:00am-5:00pm |
Tuesday | 10:00am-5:00pm |
Wednesday | 10:00am-5:00pm |
Thursday | 10:00am-5:00pm |
Friday | 10:00am-5:00pm |
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.