St. Paul, Minn., Legis. Code § 193A § 193A.08

(a) The limitation on rent increases shall not apply to:
(1) The amount that a housing service provider can be reimbursed by a government entity under the Housing Support Act, Minn. Stats. chapter 256I.
(2) Housing restricted by deed, regulatory restriction contained in an agreement with a government agency, or other recorded document as affordable housing for persons and families of very low, low, or moderate income, as defined by state or federal law, or subject to an agreement that provides housing subsidies for affordable housing for persons and families of very low, low, or moderate income, as defined in state and federal law.
(3) Residential rental property that is newly constructed or had a change in occupancy classification.
a. The limitation on rent increases shall not apply to newly constructed residential rental properties that were issued their first building certificate of occupancy after December 31, 2004.
b. The limitation on rent increases shall not apply to formerly non-residential properties or portions of non-residential properties that were issued a new or renewed building certificate of occupancy because of a change in occupancy classification to residential rental property. Such properties or portions of properties that have changed occupancy classification from non-residential to residential rental property that were issued their first building certificate of occupancy after December 31, 2004, are exempted from the limitation on rent increases.
(b) If a residential rental unit is not subject to the limitation on rent increases pursuant to this section, the landlord shall notify prospective tenants that the rental unit is not subject to chapter 193A.04 rent limitations prior to a finalized rental agreement.