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.
3 permits on record since 2017 · Most recent: Aug 2025 (res)
Lopez Son's Plumbing LLC
Air Rite Mechanical Systems Inc
CENTERPOINT ENERGY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1257
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 2,859 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2930 NEWTON AVE N MINNEAPOLIS MN 55411 | MOHAMUD ADEN & FARHIYA ALI | RESIDENTIAL | $354,000 | 43 ft |
| 2938 NEWTON AVE N MINNEAPOLIS MN 55411 | BI EVELYN NAWA | RESIDENTIAL | $205,600 | 43 ft |
| 2942 NEWTON AVE N MINNEAPOLIS MN 55411 | SEAWARD PROPERTIES LLC | LOW INCOME RENTAL | $259,300 | 85 ft |
| 2926 NEWTON AVE N MINNEAPOLIS MN 55411 | STEPHANIE D COLLINS | RESIDENTIAL | $215,000 | 85 ft |
| 2946 NEWTON AVE N MINNEAPOLIS MN 55411 | MELINDA NUTTING | RESIDENTIAL | $161,400 | 128 ft |
| 2922 NEWTON AVE N MINNEAPOLIS MN 55411 | MARIA V ILLESCAS SICHA | RESIDENTIAL | $194,500 | 128 ft |
| 2935 MORGAN AVE N MINNEAPOLIS MN 55411 | S C CARTER & J S REED | RESIDENTIAL | $221,000 | 139 ft |
| 2939 MORGAN AVE N MINNEAPOLIS MN 55411 | MUNA MUMED | RESIDENTIAL | $277,000 | 145 ft |
| 2931 MORGAN AVE N MINNEAPOLIS MN 55411 | LUCKY F LEE | RESIDENTIAL | $240,900 | 148 ft |
| 2943 MORGAN AVE N MINNEAPOLIS MN 55411 | EVARSON A TOSCANO AZEVEDO | RESIDENTIAL-TWO UNIT | $286,300 | 162 ft |
Most Recent Sale
Current Tax Year