Catholic Eldercare At St. Hedwig
29th Avenue Ne
Minneapolis, Hennepin County, Minnesota 55418

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Funding Programs

Catholic Eldercare At St. Hedwig was developed and operates with Federal housing financing. The property utilizes the Section 202 Federal housing program to make rent affordable to lower income tenants.

Section 202

The property was developed with funding through the HUD Section 202 program which provides funding for housing for seniors who are 62 or older. The program provided both capital financing to construct the property and operating subsidies that work as rental assistance like the Section 8 program. Catholic Eldercare At St. Hedwig is among only 152 Section 202 properties in Minnesota and 6,166 in the country.

Overview

Catholic Eldercare At St. Hedwig 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).

Rent Subsidies

Catholic Eldercare At St. Hedwig provides rental subsidies to renters. The type of subsidy provided to apartment renters in Minneapolis, MN by this property is Section 202 Rental Assistance.

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 no minimum rent at this property for residents receiving a rent subsidy but in recent years, there has been discussions in Congress to implement a minimum rent in the Section 202 Program to reduce cost burden on the Federal budget.

Minnesota's 5th

Congressional District

35

Section 202 Units

35

Senior Units

62.2

% of Fair Market Rent

28-Jan-17

Project Based Sec. 8 Contract Expiration

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