Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2019 · $12K total declared value · Most recent: Oct 2023 (misc)
Warner Restoration LLC
CONSTRUCTION CONSULTANT MINNEAPOLIS METRO
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 83
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,141 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3343 3RD AVE S MINNEAPOLIS MN 55408 | THOMAS B REED | RESIDENTIAL-TWO UNIT | $345,400 | 45 ft |
| 3349 3RD AVE S MINNEAPOLIS MN 55408 | COLE A HINIKER | RESIDENTIAL | $287,000 | 45 ft |
| 3339 3RD AVE S MINNEAPOLIS MN 55408 | DEANDREY L HAWKINS | RESIDENTIAL | $343,000 | 90 ft |
| 3333 3RD AVE S MINNEAPOLIS MN 55408 | J GIORDANO & K REHANI | RESIDENTIAL | $358,000 | 135 ft |
| 3344 CLINTON AVE MINNEAPOLIS MN 55408 | ISRAEL M LARA | RESIDENTIAL | $489,800 | 143 ft |
| 312 34TH ST E MINNEAPOLIS MN 55408 | KARLA CHRISTOU | RESIDENTIAL | $289,000 | 146 ft |
| 3340 CLINTON AVE MINNEAPOLIS MN 55408 | JOSE & ANA VIRI-LANDI | RESIDENTIAL | $339,800 | 148 ft |
| 3336 CLINTON AVE MINNEAPOLIS MN 55408 | SHAYNA K NIENOW | RESIDENTIAL | $297,900 | 167 ft |
| 3403 3RD AVE S MINNEAPOLIS MN 55408 | MPLS PARK & RECREATION BOARD | VACANT LAND-RESIDENTIAL | $0 | 172 ft |
| 311 34TH ST E MINNEAPOLIS MN 55408 | MPLS PARK RECREATION BOARD | LAND-COMMERCIAL | $0 | 176 ft |
Most Recent Sale
Current Tax Year