St. Paul
2735 15th Ave S
Minneapolis, Hennepin County, Minnesota 55407

Call (855) 598-3283, enter extension 24041, then hit #.

Request an Application

Funding Programs

St. Paul 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

St. Paul has a project-based Section 8 contract. 53 of the 53 total units at the property receive Section 8 assistance. This means that 100% 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 August 01, 2016 and the contract expires on July 31, 2017. The Section 8 contract rent is 81.6% of the Fair Market Rent for the area. According to the HUD Multifamily database, the fair market rents for the area are $656.00 for Zero Bedroom and $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

St. Paul 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).

St. Paul is an apartment community containing 53 rental units. The property contains 36 bedrooms and based on typical apartment occupancy limits, St. Paul is home to not more than 71 persons when fully occupied.

Rent Subsidies

St. Paul 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

St. Paul contains a mix of 53 assisted studio and one bedroom apartments for rent. There are 17 Studio and 36 One Bedroom apartments in this property. The unit mix is 32% Studio and 68% One Bedroom apartment rentals. The average bedroom size for St. Paul is 0.68.

Minnesota's 5th

Congressional District

53

Total Units

53

Project Based Sec. 8 Units

81.6

% of Fair Market Rent

31-Jul-17

Project Based Sec. 8 Contract Expiration

Studio and One

Unit Mix

0.68

Average Bedroom Size

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