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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2019 · $4K total declared value · Most recent: Dec 2019 (commercial multi-family)
Horwitz LLC
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 3 — medium-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 |
|---|---|---|---|---|
| 5754 SANDER DR MINNEAPOLIS MN 55417 | OPM RENEWAL 2 LLC | APARTMENT | $435,000 | 54 ft |
| 5746 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 58 ft |
| 3126 58TH ST E MINNEAPOLIS MN 55417 | 3126 MNWA LLC | APARTMENT | $837,000 | 130 ft |
| 5740 SANDER DR MINNEAPOLIS MN 55417 | OM HOUSING LLC | LOW INCOME RENTAL | $1,012,000 | 132 ft |
| 5749 BOSSEN TER MINNEAPOLIS MN 55417 | 5749 BOOSEN TERRACE 1 LLC | APARTMENT | $518,000 | 134 ft |
| 5753 BOSSEN TER MINNEAPOLIS MN 55417 | AHMED ABDULLAH | LOW INCOME RENTAL | $463,000 | 145 ft |
| 5745 BOSSEN TER MINNEAPOLIS MN 55417 | 5749 BOOSEN TERRACE -1 LLC | APARTMENT | $518,000 | 147 ft |
| 5749 SANDER DR MINNEAPOLIS MN 55417 | D&P RENTALS LLC | APARTMENT | $453,000 | 180 ft |
| 5739 BOSSEN TER MINNEAPOLIS MN 55417 | I-PROPERTIES LLC | APARTMENT | $675,000 | 185 ft |
| 5753 SANDER DR MINNEAPOLIS MN 55417 | 5753 SANDER LLC | APARTMENT | $453,000 | 187 ft |
Most Recent Sale
Current Tax Year