27 14th Ave N, Hopkins, MN 55343
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by Lorena Bentley, Colleen CarterRent | Beds | Baths | SqFt |
---|---|---|---|
Call for Rents† | 1 - 2 Beds | 1 - 2 Baths | 891 - 1,183 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. 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.
Raspberry Ridge is a landmark building located in downtown Hopkins. The apartment building opened in 1924 as Hopkins' first high school. Later, when a new high school was constructed, the building became South Jr. High, which was later saved from the wrecking ball and converted into the apartment complex it is today, utilizing the existing brick structure, which created unique apartments. Townhomes were built to complement the apartments and provide additional affordable housing for families. Raspberry Ridge is adjacent to the Hopkins Activity Center, which is run by the City of Hopkins. The Center offers a full range of social and recreational activities for both seniors and families, has a full size gymnasium, lobby rooms, and a noon hour congregate dining program Monday through Friday. Raspberry Ridges offer unique floor plans, multiple laundry facilities, well-lit parking lot, and is located near shopping and bus lines.
This property participates in the Section 8 Project-Based Rental Assistance program meaning the rent for many, if not all, units is based on a tenant's income. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. This property was also financed through a HUD-insured private mortgage meaning the owner has oversight from both a private bank and HUD. This usually means Raspberry Ridge is kept in good condition. Since this property has a project-based Section 8 contract, you won't need a Section 8 voucher to live here. If you have a voucher, you may have to give it up to live here.
~ Dave Layfield, Founder of Affordable Housing Online
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
1 Bedroom (1/1) | 891ft2 | Call for Price† |
2 Bedroom (2/2) | 1183ft2 | Call for Price† |
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 |
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 Raspberry Ridge have a waiting list?
Raspberry Ridge probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Raspberry Ridge?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Raspberry Ridge?
Raspberry Ridge is managed by Trellis Management Company headquartered in Minneapolis, Minnesota.
In addition to Raspberry Ridge, how many other affordable housing properties (and units) are there in Hopkins?
In addition to Raspberry Ridge, we list 10 other affordable properties in Hopkins. Learn about these properties here. Our data research shows that there are a total of 428 affordable units in Hopkins.
When was the Raspberry Ridge listing last updated?
Raspberry Ridge listing on Affordable Housing Online was last updated on 03/27/2023 by Lorena Bentley. Remember, a property's status can change so you should contact the property to confirm.
1210-1220 Cambridge St, Hopkins, Minnesota 55343
Know your rights as a Section 8 tenant.
Some states and local governments have laws that protect renters with a Section 8 voucher who are looking for an available unit. Check your local laws.Steve Rubin says:
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