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 · $6K total declared value · Most recent: Jun 2024 (misc)
Isaya F Kibira
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 2,672 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1410 SHERIDAN AVE N MINNEAPOLIS MN 55411 | B & M TRUST | RESIDENTIAL | $205,500 | 40 ft |
| 1418 SHERIDAN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TR | — | $235,400 | 40 ft |
| 1406 SHERIDAN AVE N MINNEAPOLIS MN 55411 | JEROME D TIMM | RESIDENTIAL-TWO UNIT | $417,400 | 80 ft |
| 1422 SHERIDAN AVE N MINNEAPOLIS MN 55411 | MARIE MARTIN | RESIDENTIAL | $170,900 | 80 ft |
| 1400 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PLIA THAO | RESIDENTIAL | $285,000 | 120 ft |
| 1426 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KAREN PERAULT-BOUGHTON ET AL | RESIDENTIAL | $188,000 | 120 ft |
| 1415 RUSSELL AVE N MINNEAPOLIS MN 55411 | HAKIM & BEVERLY P PROPES | RESIDENTIAL | $353,000 | 143 ft |
| 1409 RUSSELL AVE N MINNEAPOLIS MN 55411 | WILLIAM SAMUELS | RESIDENTIAL-TWO UNIT | $331,300 | 149 ft |
| 1419 RUSSELL AVE N MINNEAPOLIS MN 55411 | GEORGE H VEITH III ET AL | RESIDENTIAL | $214,700 | 150 ft |
| 1500 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TIBBIA LLC | RESIDENTIAL | $177,900 | 160 ft |
Most Recent Sale
Current Tax Year