Alliance Housing fills a critical niche in Minneapolis’ affordable housing marketplace. Our units are some of the most affordable – a Single Room Occupancy (SRO) room, where a resident shares a bathroom and kitchen, costs as little as $380 per month. Our largest apartments, with 3 bedrooms, cost as low as $1010 per month. These rents are 15-30% below market.
A recent study by the National Low Income Housing Coalition analyzed how many hours a minimum wage worker would have to work to afford an average cost 2-bedroom apartment. In MN, it was 101 hours per week – we know that is not sustainable for many families. With support from donors, we’re able to keep rents affordable to low wage workers. With Alliance, a single minimum wage worker would have to work 25 hours per week to afford a room and 65 hours per week to afford a 2-bedroom unit. This is well below the averages and manageable for two less than full-time wage earners in a family.
We rent to tenants that other landlords turn down because of their low income or poor rental and criminal histories. Without stable housing, these individuals are unable to maintain a job, get their children to school every day, or manage their health. Many of our tenants are low wage and seasonal workers, leaving them with insufficient income to afford market rent apartments. We provide support and flexibility so our tenants can maintain their housing.
Alliance Housing has developed 607 housing units, all in Minneapolis.
- 102 units are scattered among 23 properties. Alliance owns and manages the properties.
- 234 units are in four apartment buildings. Alliance is the owner and contracts with an independent property manager.
- 271 units are sober supportive housing units. Alliance Housing was a co-developer, is a part owner, and has no active role in day-to-day management.
