The Lonoke

1926 3rd Ave S, Minneapolis, MN 55404

Waiting List Forecast: Likely Short or None

check_circleVerified for 2019 by Kelsey Voyce, Lorena Bentley, Colleen Carter, Joshua Cappell

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

Call (612) 879-5770

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.

The Lonoke is an affordable housing community with support services for area homeless and people in need of permanent housing. The building was rehabilitated with upgraded mechanical, electrical and plumbing systems, new kitchens and baths, common-area upgrades and improvements, new roofing and other exterior components.

Dave's Thoughts On The Lonoke

Because The Lonoke participates in HUD's HOME program for rental housing and the LIHTC program, at least some of the units in this property are set aside for households earning 60% or less of the AMI and rents are capped at the local FMR and in many cases much lower. Depending on the number of HOME-designated units, additional units may have even lower household income requirements and corresponding lower rent caps.

~ Dave Layfield, Founder of Affordable Housing Online

Units at The Lonoke

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

Income Qualification for The Lonoke

*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
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

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

FAQs for The Lonoke

Does The Lonoke have a waiting list?

The Lonoke 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 The Lonoke?

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 The Lonoke?

The Lonoke is managed by Premier Housing Management headquartered in St. Paul, MN.

In addition to The Lonoke, how many other affordable housing properties (and units) are there in Minneapolis?

In addition to The Lonoke, 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.