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 ↗Property type suggests multifamily rental use — may qualify for the Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗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 · $60K total declared value · Most recent: Jul 2021 (building permit)
SAWTOOTH LLC
QUARVE CONTRACTING INC
Bruce Emerson BWE CONSTRUCTION COMPANY
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Highland District Council · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 376.04
Multi-family Residential 2 — medium-intensity apartment (5 stories max)
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 5-over-1 podium (12–50 units) benchmarks for 29,613 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2061 SHEPARD RD | SPIEGLER TR | APARTMENTS 20-49 RENTAL UNITS | $3,839,900 | 224 ft |
| 2107 STEWART AVE | VAN PAPER SUPPLY COMPANY | IND WAREHOUSE | $5,811,200 | 278 ft |
| 2144 STEWART AVE | NORTHERN STATES POWER CO | COMM LD&IMPRO OWN BY PUB UTI TH RAIL | $933,900 | 315 ft |
| 2063 STEWART AVE | VAN PAPER SUPPLY COMPANY | INDUSTRIAL, VACANT LAND | $43,500 | 348 ft |
| 1205 HOMER ST | RTK LLC | CONVENIENCE STORE | $602,200 | 368 ft |
| 0 STEWART AVE | SOO LINE RAILROAD CO | RAILROAD REAL PROP USED IN OPERATION | $122,300 | 422 ft |
| 0 UNASSIGNED | SOO LINE RAILROAD CO | RAILROAD REAL PROP USED IN OPERATION | $56,400 | 515 ft |
| 0 UNASSIGNED | SOO LINE RAILROAD CO | RAILROAD REAL PROP USED IN OPERATION | $66,000 | 558 ft |
| 0 RANKIN ST | SOO LINE RAILROAD CO | RAILROAD REAL PROP USED IN OPERATION | $42,400 | 599 ft |
| 2162 STEWART AVE | 2200 STEWART AVE LLC | TWO FAMILY DWELLING - SIDE/SIDE | $353,100 | 620 ft |