About Park Plaza Apts

Park Plaza is a 134 apartment community in near-north Minneapolis. The spacious efficiency, 1, 2 and 3 bedroom apartments feature modern applicances, new oak cabinets and balconies with great skyline views. Park Plaza is located near Olson Memorial Highway with parks, schools and libraries nearby. The Minneapolis Farmer's Market and International Market Square are all within walking distance.


Park Plaza Apts is a 134 unit affordable housing community in Minneapolis, Minnesota. The community is located in the 5th Congressional District of Minnesota.

Park Plaza Apts participates in the Low Income Housing Tax Credit program.

Low Income Housing Tax Credit

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, monthly rent cannot exceed the Tax Credit maximum rent for the area. Households earning less than 60% of the area median income qualify for units with reduced rent. Some rental units in this property may not be subject to LIHTC, not have income limits and therefore may be set at levels higher than the LIHTC limits below.

Income Limits

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% $30,050 $34,350 $38,650 $42,900 $46,350 $49,800 $53,200 $56,650
60% $36,060 $41,220 $46,380 $51,480 $55,620 $59,760 $63,840 $67,980
Managed By BDC Management Co.