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.
13 permits on record since 2018 · $85K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
MILL CITY DESIGN BUILD LLC
ALL ENERGY SOLAR INC
Able Plumbing LLC
Metro Heating & Cooling LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 82
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 2,857 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3232 HARRIET AVE MINNEAPOLIS MN 55408 | S G LICK & C JORDAN TRUSTEES | RESIDENTIAL | $483,500 | 42 ft |
| 3240 HARRIET AVE MINNEAPOLIS MN 55408 | MARK E BORRELLO TRUST | RESIDENTIAL | $303,900 | 42 ft |
| 3228 HARRIET AVE MINNEAPOLIS MN 55408 | J P MEEGAN & P A MEEGAN TRES | RESIDENTIAL | $433,400 | 84 ft |
| 3244 HARRIET AVE MINNEAPOLIS MN 55408 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 84 ft |
| 3224 HARRIET AVE MINNEAPOLIS MN 55408 | B T PIER & K J PIER | RESIDENTIAL | $431,700 | 126 ft |
| 3248 HARRIET AVE MINNEAPOLIS MN 55408 | AMANDA NELL STORM | RESIDENTIAL | $547,000 | 126 ft |
| 3237 GARFIELD AVE MINNEAPOLIS MN 55408 | JESTIN MILLER | RESIDENTIAL-TWO UNIT | $430,000 | 141 ft |
| 3243 GARFIELD AVE MINNEAPOLIS MN 55408 | JORDAN M O'CONNELL | RESIDENTIAL | $271,200 | 147 ft |
| 3233 GARFIELD AVE MINNEAPOLIS MN 55408 | S SEVERSON & R BERNSTEIN | RESIDENTIAL | $408,300 | 147 ft |
| 3229 GARFIELD AVE MINNEAPOLIS MN 55408 | PAMELA LEPESKA | CONDOMINIUM | $95,000 | 164 ft |
Most Recent Sale
Current Tax Year