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.
10 permits on record since 2010 · $2.4M total declared value · Most recent: Jul 2025 (commfdrr)
EGAN COMPANY INC
EGAN COMPANY INC
GOODMANSON CONSTRUCTION INC
GOODMANSON CONSTRUCTION INC
MET-CON CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Mid - City Industrial · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1040.02
Zip code 55413
Source: Redfin Data Center (Invalid Date) · Zip 55413
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 641 HOOVER ST N E MINNEAPOLIS MN 55413 | BEZUKHOV LLC | INDUSTRIAL-PREFERRED | $1,748,000 | 645 ft |
| 3225 SPRING ST N E MINNEAPOLIS MN 55413 | UNIVERSAL OUTDOOR INC | INDUSTRIAL-PREFERRED | $6,585,000 | 742 ft |
| 3255 SPRING ST N E MINNEAPOLIS MN 55413 | LIV WORD CH WORLD OUTRCH MIN | INDUSTRIAL-PREFERRED | $569,900 | 784 ft |
| 700 INDUSTRIAL BLVD MINNEAPOLIS MN 55413 | AMERICAN LINEN SUPPLY CO | INDUSTRIAL-PREFERRED | $10,300,000 | 794 ft |
| 3311 BROADWAY ST N E MINNEAPOLIS MN 55413 | COSTCO WHOLESALE CORPORATION | COMMERCIAL-PREFERRED | $17,850,000 | 887 ft |
| 760 INDUSTRIAL BLVD MINNEAPOLIS MN 55413 | MINNEAGAN REAL ESTATE CO | LAND - INDUSTRIAL | $3,223,100 | 920 ft |