Crane Ordway

281 5th Street, Saint Paul, Minnesota 55101

Crane Ordway, located at 281 5th Street in Saint Paul, has studio bedroom apartments. Crane Ordway participates in the Low-Income Housing Tax Credit (LIHTC) program.

Units

Unit (Bd/Ba) Ft2 Rent
Studio (Studio/1) - $434
Studio (2) (Studio/1) - $789

Crane Ordway Details

  • 70 studio bedroom units.
  • Heat utility included in rent
  • Accepts Section 8 Housing Choice Vouchers (HCV)

Property Amenities

  • Fitness Center
  • Community Room
  • On-Site Management
  • Smoke Free
  • Pet Friendly
  • On Bus-line
  • Heat Included
  • On-site Laundry

Unit Amenities

  • Handicapped Accessible
  • Storage
  • Heat and Air

Office Hours

Day Hours
Monday 10:00am-5:00pm
Tuesday 10:00am-5:00pm
Wednesday 10:00am-5:00pm
Thursday 10:00am-5:00pm
Friday 10:00am-5:00pm

About Crane Ordway

Aeon converted this historic, vacant St. Paul warehouse into affordable, loft-style apartment homes. Crane Ordway provides 70 affordable apartments, including 14 units for adults experiencing long-term homelessness.

The preservation of this historic building was Aeon's first development in the City of St. Paul.

Crane Ordway, built in 1904, is located in the Lowertown Historic District, an area listed on the National Register of Historic Places. The building was Crane Ordway, Aeon apartments, rentals St. Pauldesigned by Reed and Stem, the architectural firm that designed Grand Central Station in New York City and the St. Paul Hotel.

The building had been vacant for more than 30 years before Aeon opened it in 2006. Learn more about Crane Ordway in the fact sheet (PDF).

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

Saint Paul Low-Income Housing Tax Credit Income Limits

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Saint Paul but actual income limits may differ for units at Crane Ordway.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $35,000 $40,000 $45,000 $50,000 $54,000 $58,000 $62,000 $66,000
Low Income (60%) $42,000 $48,000 $54,000 $60,000 $64,800 $69,600 $74,400 $79,200

Crane Ordway was built in part with financing obtained through the Low Income Housing Tax Credit (LIHTC) program. In addition to providing apartments for low-income households, this property could include some market rate units. Households earning 60% or less of the Area Median Income (AMI) qualify for targeted rental units in LIHTC financed housing. This property may also designate units for renters with even lower incomes, from 60% of AMI down to 30% AMI. It is even possible that all units have been set aside for those with extremely low incomes (as low as 15% of AMI). This means that the same size unit can rent for different amounts based on the income of the renter.

Figuring out income and rent limits for affordable housing can be complex especially when more than one federal program is involved. To know for sure if you qualify, you must contact the property directly. The amounts provided here should only be used as a basic guide.

Crane Ordway is managed by Aeon.

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Image of Crane Ordway
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