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.
3 permits on record since 2017 · Most recent: Apr 2018 (res)
CENTERPOINT ENERGY
CENTERPOINT ENERGY
Metro Heating & Cooling LLC
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
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 2,982 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 343 8TH ST S E MINNEAPOLIS MN 55414 | JOHANNES EDWARD WIECHMAN | RESIDENTIAL | $329,000 | 40 ft |
| 401 8TH ST S E MINNEAPOLIS MN 55414 | LIVE CLOSE IV LLC | APARTMENT | $814,000 | 90 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | SOPHIA MARIE NESSER SAPP | CONDOMINIUM | $120,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | SINDEN MAREDANSTRUSTEE | CONDOMINIUM | $117,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | RATCHANEEPHAN PAPPENFUS ETAL | CONDOMINIUM | $149,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | ADDISON GILLETTE | CONDOMINIUM | $117,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | FRED G FLODIN | CONDOMINIUM | $87,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | MELISSA BEEBE | CONDOMINIUM | $125,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | KRISTA JOHNSON | CONDOMINIUM | $117,000 | 121 ft |
| 333 8TH ST S E MINNEAPOLIS MN 55414 | JOSEPH M SCHAEDLER | CONDOMINIUM | $118,000 | 121 ft |
Most Recent Sale
Current Tax Year