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.
5 permits on record since 2023 · $542K total declared value · Most recent: Feb 2024 (newres)
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.
Marcy Holmes · 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 sfr / adu benchmarks for 353 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 619 11TH AVE S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL | $448,600 | 46 ft |
| 1020 7TH ST S E MINNEAPOLIS MN 55414 | 1020 7TH ST SE LLC | RESIDENTIAL | $242,500 | 61 ft |
| 1028 7TH ST S E MINNEAPOLIS MN 55414 | 1028 7TH ST SE LLC | RESIDENTIAL-TWO UNIT | $341,800 | 64 ft |
| 1018 7TH ST S E MINNEAPOLIS MN 55414 | HOWE BROTHERS LLC | RESIDENTIAL | $292,800 | 70 ft |
| 1016 7TH ST S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS 2 LLC | RESIDENTIAL | $336,100 | 102 ft |
| 611 11TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN RENTALS LLC | RESIDENTIAL | $411,900 | 104 ft |
| 1014 7TH ST S E MINNEAPOLIS MN 55414 | AGATHIS AUSTRALIS LLC | RESIDENTIAL-TWO UNIT | $413,600 | 147 ft |
| 1011 6TH ST S E MINNEAPOLIS MN 55414 | T C HARMSEN & K L HARMSEN | VACANT LAND-RESIDENTIAL | $7,000 | 149 ft |
| 1019 6TH ST S E MINNEAPOLIS MN 55414 | ROMANS 8 LLC | RESIDENTIAL-TWO UNIT | $527,700 | 158 ft |
| 620 11TH AVE S E MINNEAPOLIS MN 55414 | MULBERRY STREET LLC | RESIDENTIAL-TWO UNIT | $305,400 | 159 ft |
Most Recent Sale
Current Tax Year