Central Apartments
1828 Central Ave Ne
Minneapolis, Hennepin County, Minnesota 55418

Call (855) 598-3283, enter extension 59947, then hit #.

Request an Application

Funding Programs

Central Apartments 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 2001. The property was placed in service in 2002. 61 of 61 units at Central Apartments are low income and subject to the tax credit program. The property, at the time of the tax credit allocation, was not located in a Qualified Census Tract or a Difficult Development Area and was not qualified for additional tax credit funding.

Overview

Central Apartments 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).

Central Apartments is an apartment community containing 61 rental units. The property contains 61 studio bedrooms and based on typical apartment occupancy limits, Central Apartments is home to not more than 61 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

Central Apartments contains a mix of 61 assisted studio bedroom apartments for rent. There are 61 Studio apartments in this property. The unit mix is 100% Studio apartment rentals. The average bedroom size for Central Apartments is .

Minnesota's 5th

Congressional District

61

Total Units

61

Tax Credit Units

Studio

Unit Mix

Find More in Minneapolis

Search Nearby Affordable Housing

Find More in Hennepin County

Search Nearby Affordable Housing

Find More in Minnesota

Search Nearby Affordable Housing

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