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.
5 permits on record since 2022 · $1.4M total declared value · Most recent: Jan 2026 (tempheat)
E5 Energy LLC
Metro Sheet Metal Inc
EBERT CONSTRUCTION
Minneapolis Park Board
SUN MECHANICAL INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Current Tax Year
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 |
|---|---|---|---|---|
| 425 MAIN ST S E MINNEAPOLIS MN 55414 | DORAN MAIN II LLC | APARTMENT | $35,484,000 | 327 ft |
| 489 MAIN ST S E MINNEAPOLIS MN 55414 | MAIN STREET OWNER LLC | VACANT LAND-APARTMENT | $60,000 | 379 ft |
| 411 MAIN ST S E MINNEAPOLIS MN 55414 | GRAND STAIRCASE OWNER LLC | VACANT LAND-APARTMENT | $3,500 | 399 ft |
| 8 6TH AVE S E MINNEAPOLIS MN 55414 | CITY OF MPLS PARK BOARD | LAND-COMMERCIAL | $0 | 480 ft |
| 100 3RD AVE S E MINNEAPOLIS MN 55414 | MPLS LEASED HOUSING ASSC IV | LOW INCOME RENTAL | $38,789,400 | 511 ft |
| 501 MAIN ST S E MINNEAPOLIS MN 55414 | DORAN MAIN LLC | APARTMENT | $38,719,000 | 512 ft |
| 424 2ND ST S E MINNEAPOLIS MN 55414 | NORTH MILL ST OWNER LLC | LOW INCOME RENTAL | $193,800 | 521 ft |
| 12 6TH AVE S E MINNEAPOLIS MN 55414 | CITY OF MPLS PARK BOARD | LAND-COMMERCIAL | $0 | 534 ft |
| 110 5TH AVE S E MINNEAPOLIS MN 55414 | BUHL SOAP LLC | INDUSTRIAL-PREFERRED | $4,840,000 | 567 ft |
| 400 2ND ST S E MINNEAPOLIS MN 55414 | MPLS LEASED HOUSING ASSC VI | APARTMENT | $202,200 | 581 ft |