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.
1 permit on record since 2024 · Most recent: Sep 2024 (existres)
Home Energy Center Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,851 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2650 NEWTON AVE N MINNEAPOLIS MN 55411 | NUTIDA WONG | RESIDENTIAL | $111,600 | 42 ft |
| 2642 NEWTON AVE N MINNEAPOLIS MN 55411 | DANY YARELI RUIZ NICOLAS | RESIDENTIAL | $200,100 | 43 ft |
| 2638 NEWTON AVE N MINNEAPOLIS MN 55411 | CHAWA YANG | RESIDENTIAL | $224,000 | 85 ft |
| 2654 NEWTON AVE N MINNEAPOLIS MN 55411 | ARIANA FRAGOSO-CUELLAR | RESIDENTIAL | $159,300 | 85 ft |
| 2634 NEWTON AVE N MINNEAPOLIS MN 55411 | TWO CITY HOLDINGS LLC | RESIDENTIAL | $106,000 | 128 ft |
| 2647 MORGAN AVE N MINNEAPOLIS MN 55411 | YIA N VANG | RESIDENTIAL | $188,600 | 139 ft |
| 2651 MORGAN AVE N MINNEAPOLIS MN 55411 | ANGEL LLAPA | RESIDENTIAL | $309,900 | 145 ft |
| 2643 MORGAN AVE N MINNEAPOLIS MN 55411 | MARLENE AGATHA HENRY | RESIDENTIAL | $183,800 | 146 ft |
| 2655 MORGAN AVE N MINNEAPOLIS MN 55411 | MELISSA ROSLANIC | RESIDENTIAL | $202,000 | 163 ft |
| 2639 MORGAN AVE N MINNEAPOLIS MN 55411 | C A VARNADO/P COOK-WILLIAMS | RESIDENTIAL | $157,700 | 164 ft |
Most Recent Sale
Current Tax Year