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 2019 · $132K total declared value · Most recent: Jan 2025 (res)
CenterPoint Energy Resource Corp
Pro24 Contracting, Inc
Kraft Mechanical
AMANI CONSTRUCTION & DEVELOPMENT LLC
Great Quality Plumbing Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Wenonah · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 121.01
Zip code 55417
Source: Redfin Data Center (Invalid Date) · Zip 55417
Urban Neighborhood 1 — low-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 |
|---|---|---|---|---|
| 5525 32ND AVE S MINNEAPOLIS MN 55417 | ROBIN DARCHUK/STEVEN DARCHUK | RESIDENTIAL | $375,800 | 43 ft |
| 5517 32ND AVE S MINNEAPOLIS MN 55417 | RANDALL JOHN KORWES | RESIDENTIAL | $288,600 | 43 ft |
| 5515 32ND AVE S MINNEAPOLIS MN 55417 | RICKY BROWN & RANDY BROWN | RESIDENTIAL | $259,300 | 86 ft |
| 5529 32ND AVE S MINNEAPOLIS MN 55417 | HEIDI BREIVIK | RESIDENTIAL | $337,300 | 86 ft |
| 5509 32ND AVE S MINNEAPOLIS MN 55417 | T WANHALA & J JAKES | RESIDENTIAL | $305,000 | 129 ft |
| 5533 32ND AVE S MINNEAPOLIS MN 55417 | NADIA YAYITRA | RESIDENTIAL | $206,000 | 129 ft |
| 5520 33RD AVE S MINNEAPOLIS MN 55417 | JOSEPH S WAIDELICH | RESIDENTIAL | $282,000 | 163 ft |
| 5524 33RD AVE S MINNEAPOLIS MN 55417 | VICKIE L TUNGSVIK | RESIDENTIAL | $198,800 | 168 ft |
| 5516 33RD AVE S MINNEAPOLIS MN 55417 | J R DERENCE & J S RUUD | RESIDENTIAL | $384,900 | 169 ft |
| 5505 32ND AVE S MINNEAPOLIS MN 55417 | RICHARD P EVANS | RESIDENTIAL | $326,200 | 172 ft |
Most Recent Sale
Current Tax Year