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 2024 · $9K total declared value · Most recent: Jun 2024 (misc)
RALPHS EXTERIORS INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 33
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 2,782 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1016 NEWTON AVE N MINNEAPOLIS MN 55411 | HORSESHOE LLC | APARTMENT | $358,000 | 42 ft |
| 1010 NEWTON AVE N MINNEAPOLIS MN 55411 | ROSA GUAMAN | RESIDENTIAL | $223,000 | 53 ft |
| 1020 NEWTON AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LAND TRST | — | $330,000 | 84 ft |
| 1000 NEWTON AVE N MINNEAPOLIS MN 55411 | VICTORSEN LIVING TRUST | APARTMENT | $576,000 | 116 ft |
| 1028 NEWTON AVE N MINNEAPOLIS MN 55411 | MOHAMED SUFI & ANAB MOHAMED | RESIDENTIAL | $314,000 | 136 ft |
| 1021 MORGAN AVE N MINNEAPOLIS MN 55411 | ANGELICA M B MATA | RESIDENTIAL | $218,000 | 140 ft |
| 1009 MORGAN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL-TWO UNIT | $0 | 142 ft |
| 1023 MORGAN AVE N MINNEAPOLIS MN 55411 | M M MAYLLAZHUNGO/M O C NAULA | RESIDENTIAL | $212,000 | 152 ft |
| 1005 MORGAN AVE N MINNEAPOLIS MN 55411 | N K & Y V XIONG | RESIDENTIAL | $300,000 | 162 ft |
| 1001 MORGAN AVE N MINNEAPOLIS MN 55411 | LOBERT XIONG & PANG H THAO | RESIDENTIAL | $372,000 | 187 ft |
Most Recent Sale
Current Tax Year