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 2017 · $15K total declared value · Most recent: Jul 2024 (misc)
Mayday Restoration
CenterPoint Energy Resource Corp
Linn Star Transfer Inc
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 3,006 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1500 QUEEN AVE N MINNEAPOLIS MN 55411 | ANEESA MARIE PARKS | RESIDENTIAL | $231,000 | 44 ft |
| 1508 QUEEN AVE N MINNEAPOLIS MN 55411 | S WOODS & C CHAPMAN | RESIDENTIAL | $254,500 | 44 ft |
| 1422 QUEEN AVE N MINNEAPOLIS MN 55411 | SYLVIA M HILL & JENNEH HILL | RESIDENTIAL | $288,200 | 88 ft |
| 1514 QUEEN AVE N MINNEAPOLIS MN 55411 | J D OLSON & J OLSON | RESIDENTIAL | $287,000 | 88 ft |
| 1418 QUEEN AVE N MINNEAPOLIS MN 55411 | J BENTON & L K ZIGBUO | RESIDENTIAL | $278,000 | 132 ft |
| 1518 QUEEN AVE N MINNEAPOLIS MN 55411 | JAMES R LARSEN | RESIDENTIAL | $339,400 | 132 ft |
| 1507 PENN AVE N MINNEAPOLIS MN 55411 | ZORAIDA HERMILA CARAVAJO | RESIDENTIAL | $233,000 | 142 ft |
| 1427 PENN AVE N MINNEAPOLIS MN 55411 | WILMA MCKINNES | RESIDENTIAL | $273,000 | 143 ft |
| 1511 PENN AVE N MINNEAPOLIS MN 55411 | JAHONNA M OLSON | RESIDENTIAL | $262,300 | 157 ft |
| 1423 PENN AVE N MINNEAPOLIS MN 55411 | MICHELLE S BURKHALTER | RESIDENTIAL | $335,500 | 165 ft |
Most Recent Sale
Current Tax Year