Temporary Leasing Office is Located South of The Bessemer at:
2312 Snelling Avenue, Minneapolis, MN 55404
Welcome to
THE BESSEMER AT SEWARD COMMONS
If you’re looking for a brand-new community in Minneapolis, MN, few can match the quality and value of The Bessemer at Seward Commons! With proximity to plenty of local transportation and conveniences of retail restaurants and park within walking distance, our homes provide an ideal living experience. Located on the Hiawatha LRT Bike Trail, our pet-friendly community is near plenty of shopping, dining, and entertainment options that the Seward area has to offer.
Thoughtfully designed studio, 1 and 2-bedroom apartments in Minneapolis feature details like, stainless steel appliances, and wood-style flooring. Our pet policy ensures you get to always have a furry companion waiting for you at home!
Interested in learning more about us? Visit our Contact Us page to submit your information or give us a call! Also, be sure to check back soon for more information about our Fall 2021 Opening!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | 440 | From $1,155 To $1,210 |
One Bed One Bath (1/1) | 681 | Call for Price |
Two Bedroom One Bath (2/2) | 911 | Call for Price |
there are currently no affordable units available
Last updated on October 3rd, 2022Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Minneapolis but actual income limits may differ for units at The Bessemer at Seward Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $26,100 | $29,800 | $33,550 | $37,250 |
50% | $43,500 | $49,700 | $55,900 | $62,100 |
80% | $66,300 | $75,750 | $85,200 | $94,650 |
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 The Bessemer at Seward Commons.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $43,500 | $49,700 | $55,900 | $62,100 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
Since this property was built or renovated using funding from HUD's Section 202 Supportive Housing for the Elderly program, residency is usually restricted to households earning 50% of the Area Median Income (AMI) or less with at least one member age 62 years or older. Tenants pay rent based on household income. This rent is usually the highest of the following three amounts: either 30% adjusted monthly income, or 10% unadjusted monthly income, or, if receiving welfare assistance, the housing costs portion of this assistance.
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.