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Affordable Rentals

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The City of St. Louis Park is committed to promoting quality multi-family development and affordable housing options for low- and moderate-income households.

Affordable Housing Inclusionary Policy: Affordable Rental Units

In an effort to promote the creation of affordable housing in new multi-family residential developments, the city council adopted the Inclusionary Housing Policy in June 2015. The policy requires the inclusion of affordable housing units in new, market rate multi-unit residential developments receiving financial assistance from the city.

Since the policy was adopted, the following multi-family rental buildings have been constructed and include affordable units at 50 percent and 60 percent of the area medium income (AMI). For information on availability, please contact the development directly.

  • The Shoreham, 3030 France Ave. S. — 30 affordable units at 50 percent AMI
  • 4800 Excelsior, 4800 Excelsior Blvd. — 18 affordable units at 60 percent AMI
  • Central Park West, 1511 Utica Ave. S. — 6 affordable units at 60 percent AMI