The Commons at Penn

1823 Penn Ave N, Minneapolis, Minnesota 55411

The project will include one, two and three bedroom units. 75% of the units will be two and three bedroom units providing housing options for families with children.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price

Eligibility for The Commons at Penn

The Commons at Penn Details

47 one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Community Room
Laundry Room

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.