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.
69 permits on record since 2016 · $6.0M total declared value · Most recent: Aug 2025 (commfdnr)
Schadegg Mechanical
Palen Kimball LLC
CRAWFORD MERZ LLC
Warners Stellian Co Inc
Associated Mechanical Contractors Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1044
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 45 7TH ST S MINNEAPOLIS MN 55402 | HPTWN PROPERTIES TRUST | COMMERCIAL-PREFERRED | $5,900 | 0 ft |
| 45 7TH ST S MINNEAPOLIS MN 55402 | HPTWN PROPERTIES TRUST | COMMERCIAL-PREFERRED | $26,500 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 45 7TH ST S MINNEAPOLIS MN 55402 | HPTWN PROPERTIES TRUST | COMMERCIAL-PREFERRED | $11,800 | 0 ft |
| 45 7TH ST S MINNEAPOLIS MN 55402 | HPTWN PROPERTIES TRUST | COMMERCIAL-PREFERRED | $26,500 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 45 7TH ST S MINNEAPOLIS MN 55402 | HPTWN PROPERTIES TRUST | COMMERCIAL-PREFERRED | $44,100 | 0 ft |