Loring 100 Apartments

1355 Nicollet Ave, Minneapolis, MN 55403

Waiting List Forecast: Likely Long or Closed

check_circleVerified for 2021 by Lorena Bentley

Rent	Beds	Baths	SqFt
Call for Rents^†	1 Bed	1 Bath	-

Call (612) 870-1559

Waitlist Forecast

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.

Loring 100 Apartments offer income-based section 8, one-bedroom apartments to seniors and disabled individuals in the Loring Park region of Minneapolis, MN.

Located at the corner of Nicollet Avenue and East 14th Street right by the Minneapolis Convention Center, the Loring 100 Apartments provide easy access to many local attractions for residents with a variety of interests. The Loring Park neighborhood is a culture-rich part of town that includes world-renowned civic institutions like the Walker Art Center and the Minneapolis Sculpture Garden. If you like to get out and socialize, Loring Park is home to a wide array of establishments like the Nicollet Diner and Lakes & Legends Brewing Company. Access to Interstate 94 makes it easy for residents to get in and out of the area to visit family and attend events across the city.

Dave's Thoughts On Loring 100 Apartments

Since Loring 100 Apartments participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. 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. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.

~ Dave Layfield, Founder of Affordable Housing Online

Loring 100 Apartments Amenities

Controlled Access
Elevator
Many Activities
Community Room
Off Street Parking
On-Site Laundry
Community Kitchen

Units at Loring 100 Apartments

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	-	Call for Price^†

Income Qualification for Loring 100 Apartments

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

AMI*	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
30% AMI for PBRA Units	$26,100 / year	$29,800 / year	$33,550 / year	$37,250 / year	$40,250 / year	$43,250 / year	$46,200 / year	$50,560 / year
50% AMI for LIHTC Units	$43,500 / year	$49,700 / year	$55,900 / year	$62,100 / year	$67,100 / year	$72,050 / year	$77,050 / year	$82,000 / year
50% AMI for PBRA Units	$43,500 / year	$49,700 / year	$55,900 / year	$62,100 / year	$67,100 / year	$72,050 / year	$77,050 / year	$82,000 / year
80% AMI for PBRA Units	$66,300 / year	$75,750 / year	$85,200 / year	$94,650 / year	$102,250 / year	$109,800 / year	$117,400 / year	$124,950 / year

*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.

FAQs for Loring 100 Apartments

Does Loring 100 Apartments have a waiting list?

Loring 100 Apartments 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 Loring 100 Apartments?

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 Loring 100 Apartments?

Loring 100 Apartments is managed by Nationwide Housing Corporation headquartered in Brooklyn Center, MN.

In addition to Loring 100 Apartments, how many other affordable housing properties (and units) are there in Minneapolis?

In addition to Loring 100 Apartments, we list 365 other affordable properties in Minneapolis. Learn about these properties here. Our data research shows that there are a total of 20859 affordable units in Minneapolis.