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.
3 permits on record since 2019 · $8K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
MATTHEW KRASKEY CONSTRUCTION
Weld and Sons Plumbing Inc
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 2,924 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1022 20TH AVE S E MINNEAPOLIS MN 55414 | 421 NE LLC | RESIDENTIAL | $275,100 | 40 ft |
| 1030 20TH AVE S E MINNEAPOLIS MN 55414 | SAMAR ALZOUBI INC | RESIDENTIAL | $253,900 | 40 ft |
| 1018 20TH AVE S E MINNEAPOLIS MN 55414 | KAYE L JOHNSON | RESIDENTIAL | $272,100 | 80 ft |
| 1034 20TH AVE S E MINNEAPOLIS MN 55414 | 1034 20TH LLC | RESIDENTIAL | $278,000 | 80 ft |
| 1012 20TH AVE S E MINNEAPOLIS MN 55414 | KLP REAL ESTATE LLC | RESIDENTIAL-TWO UNIT | $321,500 | 120 ft |
| 1038 20TH AVE S E MINNEAPOLIS MN 55414 | JOHN WOLTERS/MARY A WOLTERS | RESIDENTIAL | $293,800 | 120 ft |
| 1025 21ST AVE S E MINNEAPOLIS MN 55414 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 151 ft |
| 1023 21ST AVE S E MINNEAPOLIS MN 55414 | C WOJTOWICK & A WOJTOWICK | RESIDENTIAL-TWO UNIT | $310,300 | 155 ft |
| 1029 21ST AVE S E MINNEAPOLIS MN 55414 | COMO 21ST LLC | RESIDENTIAL-TWO UNIT | $294,100 | 157 ft |
| 1042 20TH AVE S E MINNEAPOLIS MN 55414 | 1042 20TH AVE SE LLC | RESIDENTIAL | $435,300 | 161 ft |
Most Recent Sale
Current Tax Year