345 Cedar St, Saint Paul, MN 55101
Waiting List Forecast: Likely Short or None
Verified for 2019 by Joshua Cappell| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | Studio - 2 Beds | 1 - 1.75 Bath | 423 - 970 Sq Ft |
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.
Originally home to the Pioneer Press, historic apartment homes, located in the heart of Lowertown, St. Paul, are perfect for anyone looking for luxury living in the city. They are conveniently connected to the St. Paul skyway and within walking distance to the Green Line light rail transit and Metro Transit bus system. Getting around has never been so easy! Along with all the restaurants, cafes and bars Lowertown has to offer, you are steps away from Mears Park, the Farmer’s Market, St. Paul Saints CHS Field, MN Children’s Museum and Xcel Energy Center.
At our community, they offer an array of amenities for you to enjoy! Spend time in one of two outdoor spaces, the rooftop patio and green roof, as well as the indoor community room/ business center. No need for a gym membership, as they have a fully equipped gym right at your front door. They are an extremely pet friendly building, with absolutely no weight or breed restrictions. Take your pet to their pooch porch or give them a bath in their pet spa!
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 Press House 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. Since the property also utilizes a FHA insured private mortgage, the property is subject to Federal physical condition requirements and REAC inspections.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| Studio (Studio/1) | 423ft2 | Call for Price† |
| 1 Bedroom (1/1) | 652ft2 | Call for Price† |
| 2 Bedroom (2/1.75) | 970ft2 | Call for Price† |
| AMI* | 1 person | 2 people | 3 people | 4 people |
|---|---|---|---|---|
| 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 |
| 60% AMI for LIHTC Units | $52,200 / year | $59,640 / year | $67,080 / year | $74,520 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Press House Apartments have a waiting list?
Press House 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 Press House 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 Press House Apartments?
Press House Apartments is managed by Halverson and Blaiser Group, LTD headquartered in Bloomington, Minnesota.
In addition to Press House Apartments, how many other affordable housing properties (and units) are there in Saint Paul?
In addition to Press House Apartments, we list 348 other affordable properties in Saint Paul. Learn about these properties here. Our data research shows that there are a total of 19684 affordable units in Saint Paul.
510 Sibley St, Saint Paul, Minnesota 55101
280 Dayton Ave, Saint Paul, Minnesota 55102
Do you have little or no income?
You can qualify for most rental assistance programs, including Section 8 and Public Housing, even if you have little or no income.Libby Trahan says:
"I knew nothing about Section 8 or other affordable housing options, but Affordable Housing Online is very informative and I have learned about resources that I never knew were available."