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 2023 · Most recent: Oct 2023 (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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1410 RUSSELL AVE N MINNEAPOLIS MN 55411 | STEVEN BLACK ETAL | RESIDENTIAL | $281,000 | 44 ft |
| 1420 RUSSELL AVE N MINNEAPOLIS MN 55411 | 1420 RUSSELL AVE N LAND TR | RESIDENTIAL | $282,000 | 44 ft |
| 1404 RUSSELL AVE N MINNEAPOLIS MN 55411 | L TUENGE & B BEATTY | RESIDENTIAL | $123,500 | 86 ft |
| 1424 RUSSELL AVE N MINNEAPOLIS MN 55411 | AMANDA BETH TEMPLE | RESIDENTIAL | $303,000 | 88 ft |
| 1400 RUSSELL AVE N MINNEAPOLIS MN 55411 | DEON D HOWARD | RESIDENTIAL | $264,600 | 126 ft |
| 1500 RUSSELL AVE N MINNEAPOLIS MN 55411 | JOSE MIGUEL LALA QUITO | RESIDENTIAL-TWO UNIT | $335,000 | 132 ft |
| 1415 QUEEN AVE N MINNEAPOLIS MN 55411 | ANDREW GEORGE LINDBERG | RESIDENTIAL | $184,200 | 142 ft |
| 1419 QUEEN AVE N MINNEAPOLIS MN 55411 | ALEX A & TAMAR NELSON | RESIDENTIAL | $301,000 | 146 ft |
| 1411 QUEEN AVE N MINNEAPOLIS MN 55411 | CITY GARDEN TRUST INC | VACANT LAND-RESIDENTIAL | $2,000 | 150 ft |
| 1423 QUEEN AVE N MINNEAPOLIS MN 55411 | SHANIQUE VIOLA WASHINGTON | RESIDENTIAL | $273,000 | 160 ft |
Current Tax Year