Cecil Newman Plaza
703 Emerson Ave N
Minneapolis, Hennepin County, Minnesota 55411

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Funding Programs

Cecil Newman Plaza was developed and operates with Federal housing financing. The property utilizes the Low Income Housing Tax Credit Federal housing program to make rent affordable to lower income tenants.

Low Income Housing Tax Credit

The property was developed using the Low Income Housing Tax Credit Program. This program incentivizes investors to inject capital into rental apartments for lower income Americans. The property received a tax credit allocation in 2004. The property was placed in service in 2005. 64 of 64 units at Cecil Newman Plaza are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was located in a Qualified Census Tract qualifying it for additional tax credit financing.


Cecil Newman Plaza 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).

Cecil Newman Plaza is an apartment community containing 64 rental units. This property serves all family types. The property contains 148 bedrooms and based on typical apartment occupancy limits, Cecil Newman Plaza is home to not more than 292 persons when fully occupied.

Rental Subsidies

This property does not provide any Federal rent subsidies to renters reducing total tenant payments to 30% of their adjusted income. Renters are required to pay the full rent, even if it is in excess of 30% of their income. In some cases the property may accept Section 8 Housing Choice vouchers.

Unit Mix

Cecil Newman Plaza contains a mix of 64 assisted one, two, and three bedroom apartments for rent. There are 8 One Bedroom, 28 Two Bedroom, and 28 Three Bedroom apartments in this property. The unit mix is 13% One Bedroom, 44% Two Bedroom, and 44% Three Bedroom apartment rentals. The average bedroom size for Cecil Newman Plaza is 2.31.

Minnesota's 5th

Congressional District


Total Units


Tax Credit Units

One, Two, and Three

Unit Mix


Average Bedroom Size

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