NICOLLET ISLAND HISTORIC HOMES |
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ABOUT NICOLLET ISLAND HISTORIC HOMES
Unique living in 6 old Victorian homes in a location that speaks for itself. It is not surprising that there is a waiting list for these homes and that they are seldom available. Located on the Northern end of historic Nicollet Island, you will find the Nicollet Island Historic Homes. Consisting of twenty-two units in six historic homes dating from the late nineteenth century, the co-op is part of a rural oasis in the middle of downtown Minneapolis.
INCOME RESTRICTIONS/RESIDENT SELECTION CRITERIA
Income restrictions apply. Income limits go by your total annual household gross income. Please read the below Resident Selection Criteria file for more information. If you have any questions regarding this program, please call.
Family Size |
50% AMI |
80% AMI |
1 Person |
$41,100 |
$62,600 |
2 People |
$46,950 |
$71,550 |
3 People |
$52,800 |
$80,500 |
4 People |
$58,650 |
$89,400 |
5 People |
$63,350 |
$96,600 |
6 People |
$68,050 |
$103,750 |
MINIMUM INCOME GUIDELINES
- If a resident receives tenant based, monthly rental subsidy, there will be no minimum income requirements.
- It will be sufficient minimum income if a resident has cash assets equal to at least six months of rent.
- 30% rental units must have a minimum income equal to (2) times the monthly rent.
- All other rental units must have a minimum income equal to 2.5 times the monthly rent.
| Nicollet Island Historic Homes - Resident Selection Criteria |
deposit & application information
Deposit: Equal to One Month's Rent
Application Fee: $30.00/Adult
Application Fee: $30.00/Adult
Pet Policy
Sorry, no pets are accepted at this property. We do however accept documented service/therapy animals. Please call for more information.
Utilities
Included Utilities
- Water
- Sewer
- Garbage
AMENITIES / FEATURES
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LOCATION
167 Nicollet Ave | Minneapolis, MN 55401
