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.
4 permits on record since 2018 · $12K total declared value · Most recent: Mar 2020 (res)
Spiess Plumbing INC
CONCEPT HOMES
PARAMOUNT INVESTMENT GROUP LLC DBA CONCEPT HOMES
Mark L Erpelding
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Wenonah · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 121.01
Zip code 55417
Source: Redfin Data Center (Invalid Date) · Zip 55417
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 2,635 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5448 29TH AVE S MINNEAPOLIS MN 55417 | C WOODWARD & A PIEKARSKI | RESIDENTIAL | $297,000 | 40 ft |
| 2820 55TH ST E MINNEAPOLIS MN 55417 | J WEINBERG & K WEINBERG | RESIDENTIAL | $305,000 | 40 ft |
| 5444 29TH AVE S MINNEAPOLIS MN 55417 | VIKKI R JOHNSON | RESIDENTIAL | $303,800 | 80 ft |
| 5440 29TH AVE S MINNEAPOLIS MN 55417 | KYLE LINDSAY & ERIN LINDSAY | RESIDENTIAL | $379,300 | 120 ft |
| 5453 28TH AVE S MINNEAPOLIS MN 55417 | STEVEN A ERICKSON TRUST | RESIDENTIAL-TWO UNIT | $421,700 | 142 ft |
| 5500 29TH AVE S MINNEAPOLIS MN 55417 | ELEANOR I ALMOS | RESIDENTIAL | $343,400 | 145 ft |
| 2800 55TH ST E MINNEAPOLIS MN 55417 | DEBORAH ROGERS | RESIDENTIAL-TWO UNIT | $401,600 | 148 ft |
| 5445 28TH AVE S MINNEAPOLIS MN 55417 | PATRICK M KOEHLER LIV TRUST | COMMERCIAL-PREFERRED | $348,000 | 153 ft |
| 5436 29TH AVE S MINNEAPOLIS MN 55417 | SHEILA RENEE PLAIR | RESIDENTIAL | $308,000 | 160 ft |
| 5441 28TH AVE S MINNEAPOLIS MN 55417 | HAYLEY FRITZ | RESIDENTIAL | $311,800 | 184 ft |
Most Recent Sale
Current Tax Year