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.
6 permits on record since 2022 · $534K total declared value · Most recent: Feb 2024 (tempheat)
SWIFT HEATING & AIR CONDITIONING INC
SWIFT HEATING & AIR CONDITIONING INC
All Pride Plumbing Inc
GGR Restoration LLC
Nitti Rolloff Services Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 38.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 1,271 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 718 11TH AVE S E MINNEAPOLIS MN 55414 | WARTHOG LLC | RESIDENTIAL | $229,600 | 46 ft |
| 712 11TH AVE S E MINNEAPOLIS MN 55414 | 712 11TH AVE SE LLC | RESIDENTIAL | $580,000 | 60 ft |
| 1108 8TH ST S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $1,264,000 | 83 ft |
| 726 11TH AVE S E MINNEAPOLIS MN 55414 | 726 11TH AVENUE SE LLC | RESIDENTIAL | $343,900 | 105 ft |
| 710 11TH AVE S E MINNEAPOLIS MN 55414 | 710 11TH AVE SE LLC | RESIDENTIAL | $267,700 | 108 ft |
| 1107 7TH ST S E MINNEAPOLIS MN 55414 | GOPHER INVESTMENT III LLC | RESIDENTIAL-TWO UNIT | $808,400 | 110 ft |
| 1109 7TH ST S E MINNEAPOLIS MN 55414 | KDDZ REAL ESTATE LLC | RESIDENTIAL-TWO UNIT | $650,400 | 132 ft |
| 1112 8TH ST S E MINNEAPOLIS MN 55414 | MINNRES 1112 8TH ST LLC ETAL | APARTMENT | $1,970,000 | 140 ft |
| 1101 7TH ST S E MINNEAPOLIS MN 55414 | 1101 7TH ST SE LLC | RESIDENTIAL | $298,500 | 160 ft |
| 1117 7TH ST S E MINNEAPOLIS MN 55414 | 1117 7TH ST SOUTHEAST LLC | APARTMENT | $1,018,000 | 175 ft |
Most Recent Sale
Current Tax Year