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 2008 · $110K total declared value · Most recent: Jan 2008 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2,777 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 907 22ND AVE S E MINNEAPOLIS MN 55414 | JAMES C BETZ TRUST | RESIDENTIAL | $250,000 | 42 ft |
| 913 22ND AVE S E MINNEAPOLIS MN 55414 | 913-915 22ND AVE SE LLC | RESIDENTIAL-TWO UNIT | $377,900 | 42 ft |
| 903 22ND AVE S E MINNEAPOLIS MN 55414 | PATRICK YAM & ALPA GOSWAMI | RESIDENTIAL | $282,600 | 83 ft |
| 917 22ND AVE S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT III LLC | RESIDENTIAL-TWO UNIT | $356,500 | 83 ft |
| 899 22ND AVE S E MINNEAPOLIS MN 55414 | DAVID P RASMUSSEN | RESIDENTIAL | $183,200 | 125 ft |
| 923 22ND AVE S E MINNEAPOLIS MN 55414 | GRDK LLC | RESIDENTIAL | $324,700 | 125 ft |
| 910 21ST AVE S E MINNEAPOLIS MN 55414 | PRIME HOLDINGS LLC | RESIDENTIAL | $327,900 | 142 ft |
| 914 21ST AVE S E MINNEAPOLIS MN 55414 | AUDREY LACEY DAUGHERTY TRUST | RESIDENTIAL | $293,400 | 146 ft |
| 906 21ST AVE S E MINNEAPOLIS MN 55414 | DANIEL JOSEPH VEZINA | RESIDENTIAL-TWO UNIT | $387,500 | 149 ft |
| 918 21ST AVE S E MINNEAPOLIS MN 55414 | BEAU BAXTER | RESIDENTIAL | $242,600 | 162 ft |
Most Recent Sale
Current Tax Year