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.
5 permits on record since 2018 · $35K total declared value · Most recent: Apr 2019 (remodel)
Rosa Balmaceda
Rosa Balmaceda
Twin Cities Plumbing Heating and Construction LLC
AMERICAN AIR SUPPLY INC
Rosa Balmaceda
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Hawthorne · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1016
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 2,849 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2634 COLFAX AVE N MINNEAPOLIS MN 55411 | BJR2X PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $188,500 | 43 ft |
| 2626 COLFAX AVE N MINNEAPOLIS MN 55411 | S L MCRAE & A CLARK | RESIDENTIAL | $144,000 | 43 ft |
| 2638 COLFAX AVE N MINNEAPOLIS MN 55411 | JUSTIN JUAN | RESIDENTIAL | $200,600 | 85 ft |
| 2622 COLFAX AVE N MINNEAPOLIS MN 55411 | JEREMY L & PANG L RAINWATER | RESIDENTIAL | $180,000 | 85 ft |
| 2640 COLFAX AVE N MINNEAPOLIS MN 55411 | ORQUIDEA T G GALEANA ETAL | RESIDENTIAL | $211,200 | 128 ft |
| 2616 COLFAX AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 128 ft |
| 2627 BRYANT AVE N MINNEAPOLIS MN 55411 | SPECIAL SCHOOL DIST #1 | LAND-COMMERCIAL | $0 | 160 ft |
| 2644 COLFAX AVE N MINNEAPOLIS MN 55411 | M MARTINEZ & E RAMIREZ-REYNA | RESIDENTIAL | $178,000 | 170 ft |
| 2614 COLFAX AVE N MINNEAPOLIS MN 55411 | K THOMAS & C MCDANIEL | RESIDENTIAL | $253,500 | 171 ft |
| 2631 COLFAX AVE N MINNEAPOLIS MN 55411 | KATHY L NIELSEN | VACANT LAND-RESIDENTIAL | $14,000 | 187 ft |
Most Recent Sale
Current Tax Year