Privately owned building that provides low-income housing to families who are eligible

Description

Privately owned building whose management contracts with either the U.S. Department of Housing and Urban Development (HUD) or the Minnesota Housing Finance Agency to receive rental subsidies

This type of property is sometimes referred to as "Project Based Section 8 Housing." Property owner/manager must follow HUD regulations. The government gives funds directly to the apartment owners, who lower the rents they charge tenants with low-income. This type of affordable housing is specifically for families. The rental amount paid by the resident is determined based on the resident's income. Some units have a low, fixed rent amount.

HUD requires rental housing to provide Equal Housing Opportunity.

Additional Information

Non-profit management company that has Section 42 and Section 8 housing

Section 8 has a waiting list. For information regarding the waiting list, call (763) 231-6435, it is a message line that will tell you when the waiting list open and what to do. Waiting time for Section 8 is 3 - 4 years.

Features

• Area Served by County
  • Hennepin County

• Payment
  • Sliding fee scale

• Specialization
  • Family
  • People with low income

Eligibility

The resident must meet income guidelines set by the U.S. Department of Housing and Urban Development (HUD). Check with the property management for specific income limits.

This type of housing is specifically for families. Individual properties may have additional eligibility requirements.

Application Instructions

Call (763) 231-6435 to see if the waiting list is open. It is a recording, it will say if it is open and what to do if it is open.

Fee

$40 application fee; $100 deposit to hold unit