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.
1 permit on record since 2019 · Most recent: Oct 2019 (existres)
Henderson Heating and AC 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
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 2,133 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 505 8TH ST S E MINNEAPOLIS MN 55414 | 501 8TH ST SE LLC | APARTMENT | $1,040,000 | 41 ft |
| 509 8TH ST S E MINNEAPOLIS MN 55414 | KEVIN MONE | RESIDENTIAL-TWO UNIT | $400,500 | 82 ft |
| 812 5TH AVE S E MINNEAPOLIS MN 55414 | C E MORAN & J A KOEHLER | RESIDENTIAL | $446,200 | 109 ft |
| 515 8TH ST S E MINNEAPOLIS MN 55414 | JEANNE OLSEN | RESIDENTIAL | $328,400 | 123 ft |
| 816 5TH AVE S E MINNEAPOLIS MN 55414 | ISABELLA MARLEEN BOWERS | RESIDENTIAL | $380,900 | 145 ft |
| 807 5TH AVE S E MINNEAPOLIS MN 55414 | ROBERTA A ADAMCZYK ET AL | RESIDENTIAL | $334,600 | 149 ft |
| 801 5TH AVE S E MINNEAPOLIS MN 55414 | NORTH STAR PARTNERS LLC | RESIDENTIAL-TWO UNIT | $427,200 | 153 ft |
| 517 8TH ST S E MINNEAPOLIS MN 55414 | 517 8TH ST LLC | APARTMENT | $685,000 | 163 ft |
| 820 5TH AVE S E MINNEAPOLIS MN 55414 | LEROY R ERICKSON REVOC TRUST | RESIDENTIAL | $413,100 | 182 ft |
| 815 5TH AVE S E MINNEAPOLIS MN 55414 | RON P JANZEN | RESIDENTIAL-TWO UNIT | $482,100 | 184 ft |
Most Recent Sale
Current Tax Year