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 2018 · $82K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
RENEWAL BY ANDERSEN CORP
BOLECHOWSKI CONSTRUCTION LLC
BOLECHOWSKI CONSTRUCTION LLC
EGRESS WINDOW GUY
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 4,020 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1045 27TH AVE S E MINNEAPOLIS MN 55414 | HOME SWEET HOME CLIFTON DRV | RESIDENTIAL | $270,700 | 48 ft |
| 1055 27TH AVE S E MINNEAPOLIS MN 55414 | F A MENDEZ & A M DEMENDEZ | RESIDENTIAL | $289,200 | 58 ft |
| 1041 27TH AVE S E MINNEAPOLIS MN 55414 | J G NYBERG & D L LARSON | RESIDENTIAL | $240,500 | 88 ft |
| 1037 27TH AVE S E MINNEAPOLIS MN 55414 | MIKE LAWRENCE | RESIDENTIAL | $274,200 | 128 ft |
| 1048 26TH AVE S E MINNEAPOLIS MN 55414 | ZIMMERMANN TRUST | RESIDENTIAL | $299,700 | 141 ft |
| 1042 26TH AVE S E MINNEAPOLIS MN 55414 | JOSEPH NEWHOUSE | RESIDENTIAL-TWO UNIT | $301,200 | 150 ft |
| 1056 26TH AVE S E MINNEAPOLIS MN 55414 | THOMAS J GIAIMO & P SMITH | RESIDENTIAL | $323,700 | 152 ft |
| 1031 27TH AVE S E MINNEAPOLIS MN 55414 | MICHAEL T POHL | RESIDENTIAL | $335,000 | 168 ft |
| 1040 26TH AVE S E MINNEAPOLIS MN 55414 | M DEL CARMEN TORRES GARCIA | RESIDENTIAL | $250,000 | 168 ft |
| 2619 TALMAGE AVE S E MINNEAPOLIS MN 55414 | KARL A SMITH TRUST ET AL | RESIDENTIAL | $261,500 | 172 ft |
Most Recent Sale
Current Tax Year