St. Barnabas Apartments

906 South 7th Street, Minneapolis, MN 55415

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Colleen Carter, Ric Gresia

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

Call (612) 333-9284

Waitlist Forecast

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.

Building on the successful model of Archdale Apartments, Aeon opened St. Barnabas Apartments in 2005 to provide stable housing for formerly homeless and at-risk youth.

St. Barnabas offers 24-hour on-site support services to assist youth in achieving their employment, education and self-sufficiency goals. The convenient downtown Minneapolis location is near employment opportunities, public transit lines and several colleges - giving youth access to stabilizing opportunities.

Aeon partners with YouthLink to guide and encourage youth toward self-sufficiency, self-empowerment and healthy connections. YouthLink staff assists youth at goal setting and learning independent living skills. A front desk staffed 24 hours a day offers added support.

The development was a historic preservation of a 1910 addition to St. Barnabas Hospital. The building had been vacant for decades when Allina Hospitals and Clinics donated it to Aeon in 2001.

Adjacent to St. Barnabas is The Summit, 13 apartments for low-income working adults. Residents at The Summit have a separate, private entrance to the building.

The positive impact of St. Barnabas on the lives of at-risk youth was recognized in 2008 by the Fannie Mae Foundation and the Partnership to End Long Term Homelessness.

Dave's Thoughts On St. Barnabas Apartments

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 St. Barnabas 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. As a LIHTC property that chose the 40/60 election, this property has agreed to set aside at least 40% of its units for families and individuals earning 60% of Area Median Income (AMI). Many properties have actually set aside more units than required by law, and in many cases all of the units at these properties are affordable to renters with lower incomes. 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

St. Barnabas Apartments Amenities

Controlled Access
Community Room
On-Site Manager
Handicapped Accessible
Computer Room
Smoke Free
On Bus-line
On-Site Laundry

Units at St. Barnabas Apartments

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

Income Qualification for St. Barnabas 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
60% AMI for LIHTC Units	$52,200 / year	$59,640 / year	$67,080 / year	$74,520 / year	$80,520 / year	$86,460 / year	$92,460 / year	$98,400 / 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 St. Barnabas Apartments

Does St. Barnabas Apartments have a waiting list?

St. Barnabas 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 St. Barnabas 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 St. Barnabas Apartments?

St. Barnabas Apartments is managed by Aeon headquartered in Minneapolis, Minnesota.

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

In addition to St. Barnabas 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.