Low Income (LIHTC)Waitlist Open

Many Rivers West

1400 E Franklin Ave, Minneapolis, MN, 55404

Information verified May 28, 2026·We re-check waiting list status daily

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About This Property

Many Rivers West comprises 28 units in Minneapolis, with 20 units designated for low-income families. The property was placed in service in 2005 and is financed through HOME funds and tax-exempt bonds. This development utilizes 4% Low-Income Housing Tax Credits.

Waitlist Information

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

Public Housing Waitlist

Open

Apply: Online

This waitlist is for 1- or 2-person households where the head of household is 62 years old and up. Household income cannot exceed 80% of the Area Median Income.

Last verified May 27, 2026

Section 8 (HCV) Waitlist

Closed

The Housing Choice Voucher waitlist is currently closed for new applications. Applicants are eligible if their income is 50% or below of the Area Median Income. Eligibility also requires meeting income guidelines, qualifying as elderly, disabled, or a family, and U.S. citizenship or eligible immigration status.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated May 28, 2026

Property Details

Total Units

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

2005

LIHTC Credit Type

Low-Income Units

20 / 28

Target Population

Families

Funding Programs

HOMETax-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 Many Rivers West 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 Many Rivers West?+

Many Rivers West 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.

Who is eligible to live at Many Rivers West?+

Many Rivers West primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

Who manages Many Rivers West?+

Many Rivers West is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Many Rivers West?+

Public Housing waitlist is currently Open. 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.

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