Affordable Housing Hub
Low Income (LIHTC)Waitlist Open

Ripley Gardens

301 Penn Ave N, Minneapolis, MN, 55405

Information verified April 17, 2026ยทWe re-check waiting list status daily

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About This Property

Ripley Gardens comprises 52 units in Minneapolis, Minnesota, including 26 low-income units serving families and homeless populations. The property features a mix of studio, one-bedroom, two-bedroom, and three-bedroom units and has been in service since 2007. Financing for this non-profit owned development includes HOME funds, CDBG grants, and FHA loans, with 9% LIHTC credits supporting affordability.

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 1-2 person households with a disabled head of household or co-head. Applicants must create an account and complete the pre-application online. Income cannot exceed 80% of the Area Median Income.

Last verified April 12, 2026
Section 8 (HCV) Waitlist
Closed

The Housing Choice Voucher waitlist is currently closed for new applications. Eligibility requires household income to be at or below 50% of the Area Median Income.

Last verified February 28, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
52
Studio
6
1 Bedroom
12
2 Bedroom
27
3 Bedroom
7

HUD Inspection Score

81
Good
Inspected May 2018

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
2007
LIHTC Credit Type
9%
Low-Income Units
26 / 52
Target Population
FamiliesHomelessSINGLES
Funding Programs
HOMECDBGFHA Insured
Designations
Non-ProfitQualified 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 Ripley Gardens is typically 30% of household income or less.

What size apartments are available at Ripley Gardens?+

Ripley Gardens offers the following unit types: 6 Studio, 12 One-Bedroom, 27 Two-Bedroom, 7 Three-Bedroom units, for a total of 52 units.

Who is eligible to live at Ripley Gardens?+

Ripley Gardens 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.

What is the HUD inspection score for Ripley Gardens?+

Ripley Gardens has a HUD inspection score of 81 out of 100, which is considered good. 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 Ripley Gardens?+

Ripley Gardens 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 manages Ripley Gardens?+

Ripley Gardens is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for Ripley Gardens?+

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.

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: 1-bedroom: $1327, 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Ripley Gardens may be lower for income-eligible households.

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Walk Score

Somewhat Walkable

59
Walk
39
Transit
86
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