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Affordable Housing Option in Minneapolis, MN Introduction: Welcome to Hiawatha Commons, a Low-Income Housing Tax Credit apartment complex in Minneapolis, MN. If you are seeking an accessible housing alternative, these rental apartments are supported by the LIHTC program, which includes rent and income restrictions. Providing Affordable Housing: The LIHTC program offers incentives to builders and developers, encouraging them to construct affordable housing for low-income individuals. The maximum rent charged for these apartments is determined by the Area Median Income (AMI). Affordability Consideration: While these apartments strive to be affordable for low-income individuals, the AMI-based rent may still pose challenges. We recommend checking the current rental rates to determine if this housing option meets your affordability needs. Apartment Details: Hiawatha Commons offers a total of 64 one and two bedroom apartments, specifically designed for low-income residents. Please note that there may be waiting lists for most apartments in the current market. Applying for Residency: To determine your eligibility and inquire about availability, we encourage you to directly contact Hiawatha Commons using the provided contact number. Apartment Options: - 1 Bedroom Apartments at Location - 2 Bedroom Apartments at Location We hope this information helps you in considering Hiawatha Commons as a potential housing solution.
2740 Minnehaha Ave South, Minneapolis, MN 55406
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