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 2021 · $13K total declared value · Most recent: Jan 2024 (misc)
ELYSIAN CONSTRUCTION INC
CenterPoint Energy Resource Corp
AQUARIUS HOME SERVICES
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 2,742 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1335 VINCENT AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 40 ft |
| 1327 VINCENT AVE N MINNEAPOLIS MN 55411 | R L LANTRY & S B WILSON | RESIDENTIAL | $266,300 | 40 ft |
| 1339 VINCENT AVE N MINNEAPOLIS MN 55411 | IBIZA LLC | VACANT LAND-RESIDENTIAL | $20,000 | 80 ft |
| 1323 VINCENT AVE N MINNEAPOLIS MN 55411 | YEE REVOCABLE INTERVIVOS TR | RESIDENTIAL | $379,500 | 80 ft |
| 1341 VINCENT AVE N MINNEAPOLIS MN 55411 | TERRY & TRENA SUMRALL | RESIDENTIAL | $193,000 | 119 ft |
| 1315 VINCENT AVE N MINNEAPOLIS MN 55411 | ANTHONY HILTON | RESIDENTIAL | $223,600 | 130 ft |
| 1326 WASHBURN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 143 ft |
| 1330 WASHBURN AVE N MINNEAPOLIS MN 55411 | TANNER JOHNSON/JULIA JOHNSON | RESIDENTIAL | $307,800 | 146 ft |
| 1322 WASHBURN AVE N MINNEAPOLIS MN 55411 | BLAKE T ZOCHERT | RESIDENTIAL | $310,900 | 154 ft |
| 1345 VINCENT AVE N MINNEAPOLIS MN 55411 | JENNIFER R MADSEN | RESIDENTIAL | $289,700 | 159 ft |
Most Recent Sale
Current Tax Year