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 · Most recent: Aug 2022 (existres)
Standard Heating and Air Conditioning Inc
Preferred Plumbing Inc
Air Mechanical Inc
Air 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
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 1,947 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 522 8TH ST S E MINNEAPOLIS MN 55414 | E A W LANGFORD/J G LANGFORD | RESIDENTIAL | $303,600 | 37 ft |
| 514 8TH ST S E MINNEAPOLIS MN 55414 | PARKER HOLT BRETL | TRIPLEX | $374,500 | 42 ft |
| 524 8TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/ERIKA LANGFORD | RESIDENTIAL-TWO UNIT | $361,500 | 72 ft |
| 510 8TH ST S E MINNEAPOLIS MN 55414 | THOMAS RALPH | RESIDENTIAL-TWO UNIT | $577,500 | 85 ft |
| 721 6TH AVE S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | VACANT LAND-RESIDENTIAL | $5,600 | 90 ft |
| 723 6TH AVE S E MINNEAPOLIS MN 55414 | JAMES GALLET LANGFORD | RESIDENTIAL | $16,000 | 93 ft |
| 528 8TH ST S E MINNEAPOLIS MN 55414 | C T & J L LUNDEEN | RESIDENTIAL | $273,300 | 117 ft |
| 719 6TH AVE S E MINNEAPOLIS MN 55414 | E A & J G LANGFORD | RESIDENTIAL | $270,600 | 120 ft |
| 506 8TH ST S E MINNEAPOLIS MN 55414 | HENRY H DICKSON ETAL | RESIDENTIAL-TWO UNIT | $396,100 | 124 ft |
| 715 6TH AVE S E MINNEAPOLIS MN 55414 | 715 6TH AVENUE SE LLC | RESIDENTIAL-TWO UNIT | $500,700 | 126 ft |
Current Tax Year