Community Planning & Economic Development

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St. Barnabas Apartments

906 Seventh Street South

Renovation of the vacant St. Barnabas hospital building in the Elliot Park Neighborhood of Downtown Minneapolis to provide housing for youth and working adults. Thirty-nine of the 52 units will be designated to serve youth age 16 to 21 whose families are unable or unwilling to provide for them. YouthLink, a youth-serving social service agency, will provide on-site independent living skills programs. The adjacent parking lot will be converted into greenspace for outdoor recreation and youth programming. All apartments are efficiency units with kitchen and bathroom facilities. Thirteen of the units will be available to members of the general population whose incomes are at or below 50 percent of the area median income. The project is a collaboration between the City of Minneapolis, Central Community Housing Trust (CCHT), Allina, the Episcopal Diocese of Minnesota and YouthLink. CCHT will maintain and manage the property.

 

Developer:

Central Community Housing Trust

Architect:

Cermak Rhoades Architects

Financing:

$430,000 MCDA low-income housing tax credits

$30,000 CPED non profit admin

$220,000 MCDA HOME

$550,000 CPED CDBG

$636,450 MHFA EDHC

$240,000 FHLB

$309,500 Hennepin County AHIF

$100,000 FHF

$3.35 million syndication proceeds

$155,000 DMNA

$72,000 Hennepin County ERF

$135,000 Met Council

$1.44 million GP loan and equity

$193,550 MHFA EMG

Total Development Cost: 

$7.43 million

Number of units:

52 total: 39 at or below 30 percent median income, 13 at below 50 percent median income

Construction start:  

April 2004

Completion expected: 

April 2005

Contact:

Gina Ciganik at CCHT at (612) 341-3148.

Information subject to change.

May 2004

Last updated May. 2, 2012