2805 and 2813 Cedar Avenue, Minneapolis, MN 55407
Waiting List Forecast: Likely Long or Closed
Verified for 2019 by Colleen Carter, Ric GresiaRent | Beds | Baths | SqFt |
---|---|---|---|
$481 - 870 per Month† | Studio - 2 Beds | 1 Bath | - |
Since this property may have HUD-funded Public Housing with subsidies that help pay tenants' rent, the property is likely to have a long waiting list. Housing authorities often open these waiting lists periodically. Important: Housing authorities don't always open housing waiting lists at a property-specific level or even allow applicants to choose at which property they can live. Many times, the housing authority will assign an applicant to a property without giving the applicant a choice.
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 Cedars offers 29 affordable rental apartments in two buildings.
Aeon's Resident Connections staff assist residents in connecting with stabilizing resouces within the community.
Aeon worked with the Phillips Neighborhood and the City of Minneapolis for more than two years to refinance and rehabilitate The Cedars.The development was part of a larger effort to preserve 89 units of affordable housing in the Phillips Neighborhood.
This property is funded through HUD’s Public Housing program. These properties are typically owned and managed by a Public Housing Authority. These properties tend to be much older, as no new public housing has been built in many years. Since the Federal budget has historically (and notoriously) underfunded public housing renovations for decades, these properties tend to have higher vacancies due to uninhabitable units or liveable units that are in poor condition. In addition, since all public housing properties offer rent subsidies, low-income residents only pay rent based on their incomes. For that reason, these properties tend to have longer waiting lists. Check our public housing waiting list data for more information. Since The Cedars participates in the Public Housing 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
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | $481† |
One Bedroom (1/1) | - | $799 $810† |
Two Bedroom (2/1) | - | $860 $870† |
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 The Cedars have a waiting list?
The Cedars probably has a waiting list. Since our research has shown there are some public housing units at this property, the waiting list would be for those units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at The Cedars?
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 The Cedars?
The Cedars is managed by Aeon headquartered in Minneapolis, Minnesota.
In addition to The Cedars, how many other affordable housing properties (and units) are there in Minneapolis?
In addition to The Cedars, 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.
2220 East Lake Street, Minneapolis, Minnesota 55407
2845 Bloomington Avenue South, Minneapolis, Minnesota 55407
16 E 15th St, Minneapolis, Minnesota 55403
2910 E Franklin Ave, Minneapolis, Minnesota 55406
951 Lowry Ave NE, Minneapolis, Minnesota 55418
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").Luann McCarthy says:
"There are many apartments to view on Affordable Housing Online."