6221 Shingle Creek Parkway, Brooklyn Center, MN 55430
Waiting List Forecast: Likely Short or None
Verified for 2023 by Colleen Carter, Ric Gresia| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $880 - 1,320 per Month† | 1 - 2 Beds | 1 Bath | 575 - 832 Sq Ft |
Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
The Crest Apartments offers affordable, spacious apartment homes for both the active and the easygoing lifestyles.
Located adjacent to Garden City Park in Brooklyn Center, residents enjoy great suburban views and access to park green space, playgrounds and nature trails. Every day amenities are within a short distance—shopping, restaurants, elementary school, public library and county government center. With 122 apartment homes, the building offers 78 one-bedroom units and 44 two-bedroom units.
Aeon worked with Minnesota Housing, Hennepin County and City of Brooklyn Center to purchase the building in 2012. Renovation and updating is currently underway -- mechanical and aesthetic improvements that will preserve The Crest Apartments as quality affordable apartment homes for generations to come.
This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests The Crest Apartments does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 Bedroom (1/1) | 575ft2 | $880 $1,100† |
| 2 Bedroom (2/1) | 832ft2 | $1,320† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 30% AMI for PBRA Units | $26,100 / year | $29,800 / year | $33,550 / year | $37,250 / year |
| 50% AMI for LIHTC Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year |
| 50% AMI for PBRA Units | $43,500 / year | $49,700 / year | $55,900 / year | $62,100 / year |
| 60% AMI for LIHTC Units | $52,200 / year | $59,640 / year | $67,080 / year | $74,520 / year |
| 80% AMI for PBRA Units | $66,300 / year | $75,750 / year | $85,200 / year | $94,650 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does The Crest Apartments have a waiting list?
The Crest Apartments probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Crest Apartments?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
What property management company manges The Crest Apartments?
The Crest Apartments is managed by Aeon headquartered in Minneapolis, Minnesota.
In addition to The Crest Apartments, how many other affordable housing properties (and units) are there in Brooklyn Center?
In addition to The Crest Apartments, we list 9 other affordable properties in Brooklyn Center. Learn about these properties here. Our data research shows that there are a total of 955 affordable units in Brooklyn Center.
When was the The Crest Apartments listing last updated?
The Crest Apartments listing on Affordable Housing Online was last updated on 01/19/2023 by Affordable Housing Online research staff. Remember, a property's status can change so you should contact the property to confirm.
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Section 8 vouchers can be moved to another area.
Once certain conditions are met, a Section 8 voucher may be transferred to another area (known as "porting").Rufus W. Bailey says:
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