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.
22 permits on record since 2015 · $5.1M total declared value · Most recent: Jul 2016 (billboard / sign)
PAT GORMAN VITAL SIGNS
CBS CONSTRUCTION SERVICES INC
SCHINDLER ELEVATOR CORPORATION
SHANE JOYCE ARCHER MECHANICAL LLC
BRETH-ZENZEN FIRE PROTECTION LLC
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
Traditional Neighborhood 3 — medium-intensity mixed-use
Most Recent Sale
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 |
|---|---|---|---|---|
| 2322 STEWART AVE | GEORGE K CORDERO | TWIN HOME | $344,800 | 271 ft |
| 2316 STEWART AVE | ASHLEY BERRY | SINGLE FAMILY DWELLING, PLATTED LOT | $415,800 | 274 ft |
| 2326 STEWART AVE | DAVID ALLAN STERNQUIST KATHY STERNQUIST | TWIN HOME | $332,400 | 274 ft |
| 1320 MADISON ST | MARK STORRY | SINGLE FAMILY DWELLING, PLATTED LOT | $265,400 | 316 ft |
| 2335 STEWART AVE | STUART COMPANIES | APT OR COMPLEX 100+ UNITS | $17,524,200 | 331 ft |
| 2235 ROCKWOOD AVE | PHS ROCKWOOD AVENUE INC | APT OR COMPLEX 100+ UNITS | $8,492,900 | 337 ft |
| 2306 STEWART AVE | RICHARD HARNDEN | SINGLE FAMILY DWELLING, PLATTED LOT | $275,700 | 353 ft |
| 2353 YOUNGMAN AVE | STUART COMPANIES | APT OR COMPLEX 100+ UNITS | $13,769,200 | 444 ft |
| 2285 STEWART AVE | HIGHLAND RIDGE LP | APT OR COMPLEX 100+ UNITS | $32,224,700 | 493 ft |
| 2284 BENSON AVE G | RACHEL ELIAS | CONDO | $133,700 | 555 ft |