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 2018 · $4K total declared value · Most recent: Aug 2019 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Minnesota Rusco 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,917 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 509 7TH ST S E MINNEAPOLIS MN 55414 | THOMAS R BARRY | RESIDENTIAL | $419,000 | 72 ft |
| 712 5TH AVE S E MINNEAPOLIS MN 55414 | A E BROWN & S M BROWN | RESIDENTIAL | $420,000 | 91 ft |
| 507 7TH ST S E MINNEAPOLIS MN 55414 | J G LANGFORD/E A W LANGFORD | RESIDENTIAL | $26,000 | 121 ft |
| 513 7TH ST S E MINNEAPOLIS MN 55414 | J MCDONAGH & J MCDONAGH | RESIDENTIAL-TWO UNIT | $567,600 | 132 ft |
| 509 7TH ST S E MINNEAPOLIS MN 55414 | C & J LUNDEEN | RESIDENTIAL | $16,000 | 139 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | NICHOLAS WALKER ESTES | CONDOMINIUM | $242,000 | 142 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SHANNON GOLDEN | CONDOMINIUM | $317,000 | 142 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | BENJI ENCALADA & AMY PINDER | CONDOMINIUM | $242,000 | 142 ft |
| 716 5TH AVE S E MINNEAPOLIS MN 55414 | SOPHIA APPLIN | CONDOMINIUM | $221,000 | 142 ft |
| MN | Unknown | — | — | 142 ft |
Current Tax Year