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.
2 permits on record since 2024 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Ideal Air LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Como · 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 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 2,627 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1067 27TH AVE S E MINNEAPOLIS MN 55414 | WILLIAM DAVID FARRAR ET AL | RESIDENTIAL | $249,200 | 40 ft |
| 1061 27TH AVE S E MINNEAPOLIS MN 55414 | HSIU FANG LIU | RESIDENTIAL | $311,000 | 40 ft |
| 2619 TALMAGE AVE S E MINNEAPOLIS MN 55414 | KARL A SMITH TRUST ET AL | RESIDENTIAL | $261,500 | 78 ft |
| 1073 27TH AVE S E MINNEAPOLIS MN 55414 | JONAH SANTO | RESIDENTIAL | $194,000 | 80 ft |
| 1077 27TH AVE S E MINNEAPOLIS MN 55414 | R A DORNFELD & M G MARCOTTE | RESIDENTIAL | $205,000 | 120 ft |
| 1066 26TH AVE S E MINNEAPOLIS MN 55414 | H L KOLLER/D S KOLLER ET AL | RESIDENTIAL | $279,000 | 141 ft |
| 1070 26TH AVE S E MINNEAPOLIS MN 55414 | MICHAEL L LAWRENCE | RESIDENTIAL | $281,500 | 149 ft |
| 1060 26TH AVE S E MINNEAPOLIS MN 55414 | DANIEL L CORVIN | RESIDENTIAL | $426,000 | 156 ft |
| 1081 27TH AVE S E MINNEAPOLIS MN 55414 | LUCAS WEATHERSPOON | RESIDENTIAL | $328,000 | 161 ft |
| 1074 26TH AVE S E MINNEAPOLIS MN 55414 | ANDREW J GILLUND | RESIDENTIAL | $407,400 | 169 ft |
Most Recent Sale
Current Tax Year