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.
1 permit on record since 2019 · $3K total declared value · Most recent: Jun 2019 (remodel)
Riverton Community Housing
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 1040.01
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 17,043 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2525 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $166,000 | 0 ft |
| 2527 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $182,000 | 0 ft |
| 2529 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $182,000 | 0 ft |
| 2531 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $182,000 | 0 ft |
| 2533 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $182,000 | 0 ft |
| 2535 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $182,000 | 0 ft |
| 2537 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $200,000 | 0 ft |
| 2539 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $200,000 | 0 ft |
| 2543 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $200,000 | 0 ft |
| 2545 COLE AVE S E MINNEAPOLIS MN 55414 | COLE TH STUDENT HOUSE CO-OP | COOPERATIVE HOUSING | $200,000 | 0 ft |