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.
4 permits on record since 2019 · $16K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
Home Energy Center Inc
Dreamers LLC
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 2,669 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1419 SHERIDAN AVE N MINNEAPOLIS MN 55411 | ELLE HANSEN & TAYA BANJAC | RESIDENTIAL | $243,000 | 40 ft |
| 1411 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TOYIA VERDELL | — | $248,000 | 40 ft |
| 1423 SHERIDAN AVE N MINNEAPOLIS MN 55411 | LINDA L KEMP | RESIDENTIAL | $194,600 | 80 ft |
| 1407 SHERIDAN AVE N MINNEAPOLIS MN 55411 | TYRONE SMITH | RESIDENTIAL | $229,000 | 80 ft |
| 1427 SHERIDAN AVE N MINNEAPOLIS MN 55411 | LEEANN SUDDUTH | RESIDENTIAL | $180,000 | 120 ft |
| 1401 SHERIDAN AVE N MINNEAPOLIS MN 55411 | PA THAO & KOU HER | RESIDENTIAL | $264,000 | 120 ft |
| 1414 THOMAS AVE N MINNEAPOLIS MN 55411 | DEMETRE M MUHAMMAD | RESIDENTIAL | $135,500 | 142 ft |
| 1410 THOMAS AVE N MINNEAPOLIS MN 55411 | DEMETRE M MUHAMMAD | VACANT LAND-RESIDENTIAL | $16,000 | 147 ft |
| 1418 THOMAS AVE N MINNEAPOLIS MN 55411 | B S L LEON & A E L ESPIN | RESIDENTIAL | $141,500 | 148 ft |
| 1503 SHERIDAN AVE N MINNEAPOLIS MN 55411 | KIM HUE TRAN | RESIDENTIAL | $241,300 | 160 ft |
Most Recent Sale
Current Tax Year