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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 254.03
Zip code 55420
Source: Redfin Data Center (Invalid Date) · Zip 55420
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 136 97TH ST W BLOOMINGTON MN 55420 | GALAXY APARTMENTS LLC | APARTMENT | $1,728,600 | 231 ft |
| 9730 NICOLLET AVE S BLOOMINGTON MN 55420 | AFK PROPERTIES LLC | APARTMENT | $1,282,900 | 338 ft |
| 108 98TH ST W BLOOMINGTON MN 55420 | DENWIN SIMON PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,326,000 | 341 ft |
| 100 98TH ST W BLOOMINGTON MN 55420 | P W A CO-PARTNERSHIP | COMMERCIAL-PREFERRED | $1,131,000 | 349 ft |
| 9701 BLAISDELL AVE S BLOOMINGTON MN 55420 | GALAXY APARTMENTS LLC | APARTMENT | $3,170,300 | 351 ft |
| 140 98TH ST W BLOOMINGTON MN 55420 | OXBORO COMPANIES LLC | COMMERCIAL-PREFERRED | $941,200 | 404 ft |
| 9724 NICOLLET AVE S BLOOMINGTON MN 55420 | CHAD D ANDERSON | RESIDENTIAL | $312,000 | 410 ft |
| 9706 NICOLLET AVE S BLOOMINGTON MN 55420 | ABBOTT INVESTMENTS LLC | APARTMENT | $1,902,200 | 424 ft |
| 50 98TH ST W BLOOMINGTON MN 55420 | BOW & ARROW LLC | COMMERCIAL-PREFERRED | $2,306,000 | 454 ft |
| 136 98TH ST W BLOOMINGTON MN 55420 | WAYGOOD LLC | COMMERCIAL-PREFERRED | $692,000 | 473 ft |