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533 Dale St. N St. Paul, MN 55103
Ph) 651-789-7400 Fax) 651-789-7401
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Frogtown Affordable Rental Housing Program
Greater Frogtown Community Development Corporation has a commitment to returning vacant and foreclosed properties to productive use for our community. Providing affordable rental opportunities meets the housing needs of our most vulnerable citizens, many who have also been affected by the foreclosure crisis and deep economic recession. GFCDC, in partnership with Project for Pride in Living, will begin to offer scatter site affordable rental housing.in 2011.
Guardian Property Management
Our properties will be managed by Guardian, a local property manager that
specializes in scattered and single family rental units. They take a "hands on approach"
that includes regular interaction with residents.
Upcoming Sites
Interested in Participating in our Rental Program?
Newly renovated single-family homes, duplexes, and triplexes will be
avaliable for rental begining in Winter 2011.
All applicants will be subject to a thorough screening process and must
be at 50% or less of the area Median Income
Contact Greater Frogtown CDC for more information
651-789-7400
749 University
1 2-bedroom unit &
1 4-bedroom unit
750 Sherburne
Single Family 4-bedroom Unit
826 Sherburne
Single Family 4-bedroom unit
943 Thomas
1 4-bedroom (Meets ADA standards) &
2 3-bedroom units
783 Charles
1 2-bedroom unit & 1 3-bedroom unit
711 Charles
1 1-bedroom unit & 1 2-bedroom unit
What is Affordable Housing?
The Department of Housing and Urban Development states a household should pay no more than 30% of its annual income on housing. If a household pays greater than 30% it is considered to be cost burdened by its housing payments.
Why Do We Need More Affordable Rental Housing?
Demand for rental properties is increasing dramatically as families face foreclosure or are unable to acquire a home mortgage loan. In St Paul, the percentage of renter-occupied homes increased from 45.2% in 2000 to 48.7% in 2010 (USA Today, May 2011). As demand for rental units increases, housing costs begin to rise. Creating rental units that are affordable enables more households to be able to afford other necessities such as food costs, childcare, health insurance, and transportation costs.
Who is a Renter?
Most individuals will be a renter at some time in their lives. Often people associate renting with young adults or elderly people. However, many renters are families that either prefer renting or are not in a position to purchase a home.
What are Renters Concerned About?
In an effort to better understand the need for rental housing within Frogtown, Greater Frogtown CDC has begun to survey individuals wishing to participate in our affordable rental housing program. Thus far individuals have stated they are looking for:
•A quiet and peaceful community•A safe neighborhood for their children to play in•A home that is near a public school•A landlord that is invested in the building•A landlord that is responsive to maintenance repair requests•A home that fits into their budget•A home that is large enough to accommodate all of the family membersAre you a renter? Let GFCDC know what you care about!
Contact: Karin@greaterfrogtowncdc.org
