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Nath Management

Subsidized Housing for Seniors

Labor Retreat

124 4th St SE, Minneapolis, MN, 55414

Distance: 5 Miles

(612) 378-2946

Website

http://nathcompanies.com/real-estate

Service Details

Description

Privately owned building whose management contracts with either the U.S. Department of Housing and Urban Development (HUD) or the Minnesota Housing Finance Agency to receive rental subsidies


This type of property is sometimes referred to as "Project Based Section 8 Housing." Property owner/manager must follow HUD regulations. The government gives funds directly to the apartment owners, who lower the rents they charge tenants with low-income. This type of affordable housing requires at least one resident in the apartment to be a senior. The rental amount paid by the resident is determined based on the resident's income. Some units have a low, fixed rent amount.


HUD requires rental housing to provide Equal Housing Opportunity. HUD enforces the Fair Housing Act. More information available online.


Features

  • Specialization
    • Older adults 
    • People with low income 

Eligibility

The resident must meet income guidelines set by the U.S. Department of Housing and Urban Development (HUD). Check with the property management for specific income limits.


This type of housing requires at least one resident in the apartment to be a senior. HUD defines an elderly household as a household where at least one person is age 62 or older. Individual properties may have additional eligibility requirements.


Area Served

Hennepin County


Websites

Phone Numbers

Type Number Hours
Main (612) 378-2946

Last Update

11/9/2022

Other Locations

Other Services or resources

This provider does not offer other services or resources at this location.

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