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: Feb 2024 (res)
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 27
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 2,862 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1709 RUSSELL AVE N MINNEAPOLIS MN 55411 | LOGAN HAGGBERG | RESIDENTIAL | $250,400 | 42 ft |
| 1717 RUSSELL AVE N MINNEAPOLIS MN 55411 | SPENCER SANBORN | RESIDENTIAL | $237,400 | 42 ft |
| 1707 RUSSELL AVE N MINNEAPOLIS MN 55411 | ANDREW HANDLER | RESIDENTIAL | $223,000 | 84 ft |
| 1723 RUSSELL AVE N MINNEAPOLIS MN 55411 | TOM THAO & PA DAO YANG | RESIDENTIAL | $246,000 | 84 ft |
| 1701 RUSSELL AVE N MINNEAPOLIS MN 55411 | HUNTER Z COBB | RESIDENTIAL | $271,000 | 126 ft |
| 1803 RUSSELL AVE N MINNEAPOLIS MN 55411 | L M CAVANAUGH-MCHENRY ET AL | RESIDENTIAL | $268,600 | 126 ft |
| 1714 SHERIDAN AVE N MINNEAPOLIS MN 55411 | J W & D L EDIN | VACANT LAND-RESIDENTIAL | $4,000 | 142 ft |
| 1710 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ANTHONY L JOHNSON | RESIDENTIAL | $268,000 | 144 ft |
| 1718 SHERIDAN AVE N MINNEAPOLIS MN 55411 | J W EDIN & D L EDIN | RESIDENTIAL | $158,500 | 148 ft |
| 1706 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $198,000 | 164 ft |
Most Recent Sale
Current Tax Year