About This Property
Collaborative Village Initiative operates 20 residential units in Minneapolis, with 18 designated as low-income housing. The property, which entered service in 2004, includes a mix of two-, three-, and four-bedroom units and serves families and formerly homeless individuals. Funding for the development comes from HOME program grants, and the property is owned and managed by a non-profit organization.
Waitlist Information
Waitlist managed by Public Housing Authority in and for the City of Minneapolis
The Public Housing waitlist is currently closed. Information regarding future openings is not available on this page.
The Housing Choice Voucher (HCV) waitlist is currently closed. Information regarding future openings is not available on this page.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $42,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,650
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,850
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,050
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,250
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,750 | $55,950 |
| 2 Persons | $25,200 | $42,000 | $63,950 |
| 3 Persons | $28,350 | $47,250 | $71,950 |
| 4 Persons | $31,450 | $52,450 | $79,900 |
| 5 Persons | $34,000 | $56,650 | $86,300 |
| 6 Persons | $36,500 | $60,850 | $92,700 |
| 7 Persons | $40,120 | $65,050 | $99,100 |
| 8 Persons | $44,660 | $69,250 | $105,500 |
Advertisement
Tax Credit Program Details
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 Collaborative Village Initiative is typically 30% of household income or less.
What size apartments are available at Collaborative Village Initiative?+
Collaborative Village Initiative offers the following unit types: 6 Two-Bedroom, 8 Three-Bedroom, 6 Four-Bedroom units, for a total of 20 units.
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.
What is the price range for apartments in Minneapolis, MN?+
Based on Fair Market Rent for Hennepin County, the estimated price range is: 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Collaborative Village Initiative may be lower for income-eligible households.
Who manages Collaborative Village Initiative?+
Collaborative Village Initiative is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Collaborative Village Initiative?+
Collaborative Village Initiative 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.
Is there a waitlist for Collaborative Village Initiative?+
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 is eligible to live at Collaborative Village Initiative?+
Collaborative Village Initiative primarily serves families, formerly homeless individuals, SINGLES. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Collaborative Village Initiative
Joseph Selvaggio Initiative Rehab Pro
Minneapolis, MN
30 UnitsMinneapolis Portfolio Preservation Mp3
Minneapolis, MN
582 UnitsPortland Village
Minneapolis, MN
26 UnitsJoseph Selvaggio Initiative Rehab Pro
Minneapolis, MN
30 UnitsElliot Apts
Minneapolis, MN
24 UnitsElliot Park Apartments
Minneapolis, MN
30 Units