South Central Minneapolis Properties(New Village, East Village) is managed by CommonBond Communities.
South Central Minneapolis properties are quality affordable housing at various locations within the Powderhorn neighborhood! Each property is a center of activity and life in South Minneapolis. With spacious floor plans and a great variety of sizes, there is something to fit everyone! Just south of Downtown Minneapolis, you can live close to everything you need. Be only minutes away from shopping and activities and just blocks from Interstates 35W and 94.
South Central Properties participate in an Affordable Housing Program; Household Income restrictions at 60% of median income or lower may apply depending upon availability! Section 8 Voucher Holders are encouraged to apply!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
New Village - One Bedroom (1/1) | 630 | From $469 |
New Village - Two Bedroom (2/1) | 845 | From $808 |
East Village - Three Bedroom (3/2) | 864 | From $990 |
New Village - Three Bedroom (3/2) | 875 | From $951 |
New Village - Three Bedroom (3/2) | 875 | From $951 |
East Village - Four Bedroom (4/2) | 1083 | From $1,087 |
New Village - Four Bedroom (4/2) | 990 | From $1,046 |
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 South Central Minneapolis Properties(New Village, East Village).
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 |
Day | Hours |
---|---|
Monday | 8:30am-3:30pm |
Tuesday | 8:30am-3:30pm |
Wednesday | 8:30am-3:30pm |
Thursday | 8:30am-3:30pm |
Friday | 8:30am-3:30pm |
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.