Booth Manor / Salvation Army
1421 Yale Pl
Minneapolis, Hennepin County, Minnesota 55403

Call (855) 598-3283, enter extension 24017, then hit #.

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Funding Programs

Booth Manor / Salvation Army was developed and operates with Federal housing financing. The property utilizes the Project Based Sec. 8 Federal housing program to make rent affordable to lower income tenants.

Section 8

Booth Manor / Salvation Army has a project-based Section 8 contract. 100 of the 157 total units at the property receive Section 8 assistance. This means that 64% of the renter households in the property pay no more than 30% of their adjusted income for rent.

The current Section 8 contract was effective on July 01, 2014 and the contract expires on June 30, 2019. The Section 8 contract rent is 87% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $813.00 for One Bedroom.

31% of Minnesota properties and 26% of all properties across the country have Section 8 rental subsidies. See the Rent Subsidies section for more.

Overview

Booth Manor / Salvation Army is an affordable apartment community located in Minneapolis, Minnesota which is located in Hennepin County. The property is located in Minnesota's 5th Congressional District served by Representative Keith Ellison (D), Senator Alan Franken (D) and Senator Amy Klobuchar (D).

Booth Manor / Salvation Army is an apartment community containing 100 rental units. The property contains 100 bedrooms and based on typical apartment occupancy limits, Booth Manor / Salvation Army is home to not more than 150 persons when fully occupied.

Rent Subsidies

Booth Manor / Salvation Army provides rental subsidies to renters. The type of subsidy provided to apartment renters in Minneapolis, MN by this property is Project Based Sec. 8.

This subsidy allows the renter to pay 30% of his or her income for rent while the subsidy pays the difference. To qualify, a renter must earn 50% or less of the Area Median Income.

There is a minimum rent payment of not less than $25 and as much as $50 for all subsidy recipients at this property. That means that even if a renter has zero income, they will still be required to pay rent. In recent years, there have been various legislative proposals to increase the Section 8 minimum rent but advocates make the valid point that minimum rents affect the poorest of the poor.

Unit Mix

Booth Manor / Salvation Army contains a mix of 100 assisted one bedroom apartments for rent. There are 100 One Bedroom apartments in this property. The unit mix is 100% One Bedroom apartment rentals. The average bedroom size for Booth Manor / Salvation Army is 0.64.

Minnesota's 5th

Congressional District

100

Total Units

100

Project Based Sec. 8 Units

87

% of Fair Market Rent

30-Jun-19

Project Based Sec. 8 Contract Expiration

One

Unit Mix

0.64

Average Bedroom Size

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† These counts are estimates based on the data available from HUD. Learn More About Our Data