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.
6 permits on record since 2019 · $2K total declared value · Most recent: Oct 2025 (res)
CenterPoint Energy Resource Corp
Heating and Cooling Two Inc
Urban Pine Plumbing and Mechanical Inc
Heating and Cooling Two Inc
Warners Stellian Co Inc
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 4,992 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 854 21ST AVE S E MINNEAPOLIS MN 55414 | RYAN R NOE | RESIDENTIAL | $289,000 | 54 ft |
| 842 21ST AVE S E MINNEAPOLIS MN 55414 | NORTHEASTEQUITY LLC | RESIDENTIAL | $315,000 | 62 ft |
| 858 21ST AVE S E MINNEAPOLIS MN 55414 | NICOLE HILL | RESIDENTIAL | $317,000 | 95 ft |
| 838 21ST AVE S E MINNEAPOLIS MN 55414 | BLAKE BONJEAN | RESIDENTIAL | $341,000 | 123 ft |
| 862 21ST AVE S E MINNEAPOLIS MN 55414 | ELIZABETH BERNARD & L SASSE | RESIDENTIAL | $389,000 | 136 ft |
| 851 22ND AVE S E MINNEAPOLIS MN 55414 | M G MCHUGH & C M RUCKS | RESIDENTIAL | $293,000 | 142 ft |
| 847 22ND AVE S E MINNEAPOLIS MN 55414 | C KAUFMAN & M DEL CARM COBOS | RESIDENTIAL | $339,000 | 143 ft |
| 855 22ND AVE S E MINNEAPOLIS MN 55414 | IAIN S THOMES | RESIDENTIAL | $293,000 | 153 ft |
| 843 22ND AVE S E MINNEAPOLIS MN 55414 | BRUCE DORVAN FOSS | RESIDENTIAL | $307,000 | 156 ft |
| 859 22ND AVE S E MINNEAPOLIS MN 55414 | CITY/LAKES COMMUNITY LAND TR | — | $343,000 | 173 ft |
Most Recent Sale
Current Tax Year