The Adams

500 South 10th Street, Minneapolis, Minnesota 55404

The Adams offers 76 efficiency apartment units that are home primarily to lower-income working people with incomes at 40% of median income or less. Some apartments are designated for individuals with incomes at or below 30% of median income.

The streetscape surrounding The Adams incorporates historic lighting, attractive plantings and public gateway art heralding the entryway to downtown Minneapolis and the Elliot Park neighborhood.

In 1991, Aeon saved this condemned and boarded historic building in the Elliot Park South 9th Street Historic District from being demolished and turned into a parking lot.

The Adams is an important barrier against the encroachment of downtown and helps preserve the residential character of the neighborhood.

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - From $442 To $536
One Bedroom (1/1) - From $643 To $725

Eligibility for The Adams

The Adams Details

  • 75 studio and one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • On-Site Manager
  • On-Site Parking
  • Smoke Free
  • On-Site Laundry

Office Hours

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
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.

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