Straus Lofts

350 Sibley St, Saint Paul, Minnesota 55101

Contact Straus Lofts

Straus Lofts, in the heart of Lowertown St. Paul and across from Mears Park, presents loft-style apartment living in studios, 1, 2, and 3 bedroom floor plans. Some outstanding features of your new home are retail shops on-site, and in your apartment you will enjoy unique floor plans, large windows, high ceilings, generous closet space and separate thermostat controls.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	582	From $792 To $1,024
1 Bedroom (1/1)	759	From $1,350 To $1,526
2 Bedroom (2/1)	871	From $1,590 To $1,821
3 Bedroom (3/1)	1443	From $1,500 To $2,031

Eligibility for Straus Lofts

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 Saint Paul but actual income limits may differ for units at Straus Lofts.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$43,500	$49,700	$55,900	$62,100	$67,100	$72,050
Low Income (60%)	$52,200	$59,640	$67,080	$74,520	$80,520	$86,460

Straus Lofts Details

49 studio, one, two and three bedroom units.
Low-Income Housing Tax Credit (LIHTC)
Section 8 Project-Based Rental Assistance (PBRA)
Section 221 (d) (3)

Property Amenities

Fitness Center
Community Room
Underground Parking
Online Payments Accepted
Secured Entry
Laundry Facilities
Smoke Free

Unit Amenities

Air Conditioning
Spacious Closets
Water Trash and Sewer Included
High Ceilings

Nearby Amenities

Near Restaurants

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.

Section 8 Project-Based Rental Assistance (PBRA)

Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.