Low Income (LIHTC)Waitlist Closed

Heritage Park Ii

1000 Olson Memorial Hwy, Minneapolis, MN, 55411

Information verified May 8, 2026·We re-check waiting list status daily

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About This Property

Heritage Park II is a 113-unit affordable housing community in Minneapolis serving families, with 86 units designated for low-income households. The property has been in service since 2004 and is funded through tax-exempt bonds and 4% Low-Income Housing Tax Credits. This development provides rental housing options for families in Hennepin County.

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 May 7, 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 May 8, 2026

Property Details

Total Units

113

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.

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

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

Tax Credit Program Details

Year Placed in Service

2004

LIHTC Credit Type

Low-Income Units

86 / 113

Target Population

FamiliesGeneral Occupancy

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 Heritage Park Ii is typically 30% of household income or less.

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.

How do I apply for housing at Heritage Park Ii?+

Heritage Park Ii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.

Who is eligible to live at Heritage Park Ii?+

Heritage Park Ii primarily serves families, General Occupancy. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Is there a waitlist for Heritage Park Ii?+

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 Heritage Park Ii?+

Heritage Park Ii is managed by . You can reach them at .

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