Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

City Place Lofts

730 Hennepin Ave, Minneapolis, MN, 55403

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

City Place Lofts offers 55 low-income units in Minneapolis, with a mix of 12 studios, 36 one-bedroom, and 7 two-bedroom apartments. The property was placed in service in 2013 and is financed through tax-exempt bonds and 4% LIHTC credits. The development serves households earning below area median income levels.

Waitlist Information

Waitlist managed by Public Housing Authority in and for the City of Minneapolis

Public Housing Waitlist
Closed

The Public Housing waitlist is currently closed. Information regarding future openings is not available on this page.

Last verified April 17, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher (HCV) waitlist is currently closed. Information regarding future openings is not available on this page.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated April 18, 2026

Property Details

Total Units
55
Studio
12
1 Bedroom
36
2 Bedroom
7

HUD Inspection Score

66
Fair
Inspected November 2019

HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.

Fair Market Rent - Hennepin County, MN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,174
1 Bedroom$1,327
2 Bedroom$1,622
3 Bedroom$2,188
4 Bedroom$2,478

Income Limits - Hennepin County, MN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$22,050
Very Low (50%)
$36,750
Low (80%)
$55,950
2 Persons
Extremely Low (30%)
$25,200
Very Low (50%)
$42,000
Low (80%)
$63,950
3 Persons
Extremely Low (30%)
$28,350
Very Low (50%)
$47,250
Low (80%)
$71,950
4 Persons
Extremely Low (30%)
$31,450
Very Low (50%)
$52,450
Low (80%)
$79,900
5 Persons
Extremely Low (30%)
$34,000
Very Low (50%)
$56,650
Low (80%)
$86,300
6 Persons
Extremely Low (30%)
$36,500
Very Low (50%)
$60,850
Low (80%)
$92,700
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$65,050
Low (80%)
$99,100
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$69,250
Low (80%)
$105,500

Tax Credit Program Details

Year Placed in Service
2013
LIHTC Credit Type
4%
Low-Income Units
55 / 55
Target Population
Single HH with children, Individual families of color, Single men, Single Women
Funding Programs
Tax-Exempt Bond
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Minneapolis, MN?+

The Fair Market Rent (FMR) for Hennepin County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like City Place Lofts is typically 30% of household income or less.

What size apartments are available at City Place Lofts?+

City Place Lofts offers the following unit types: 12 Studio, 36 One-Bedroom, 7 Two-Bedroom units, for a total of 55 units.

What is the price range for apartments in Minneapolis, MN?+

Based on Fair Market Rent for Hennepin County, the estimated price range is: 1-bedroom: $1327, 2-bedroom: $1622. Actual rent at City Place Lofts may be lower for income-eligible households.

What are the income limits for affordable housing in Hennepin County, MN?+

For a 4-person household in Hennepin County, MN, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.

Is there a waitlist for City Place Lofts?+

Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.

Who manages City Place Lofts?+

City Place Lofts is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at City Place Lofts?+

City Place Lofts primarily serves Single HH with children, Individual families of color, Single men, Single Women. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What is the HUD inspection score for City Place Lofts?+

City Place Lofts has a HUD inspection score of 66 out of 100, which is considered adequate. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.

How do I apply for housing at City Place Lofts?+

City Place Lofts is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Begin Application Now

Walk Score

Walker's Paradise

97
Walk
86
Transit
89
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Hennepin County, MN

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Housing Resources in Minneapolis, MN

HUD-Approved Counseling Agencies

AFRICAN DEVELOPMENT CENTER OF MINNESOTA

Pre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

BUILD WEALTH MINNESOTA, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

ISUROON

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial