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.
2 permits on record since 2018 · $62K total declared value · Most recent: Oct 2020 (roofwind)
SELA ROOFING AND REMODELING INC
SELA ROOFING AND REMODELING 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
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 15,037 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 916 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORPORATION | SORORITY/FRATERNITY HOUSING | $410,000 | 96 ft |
| 925 4TH ST S E MINNEAPOLIS MN 55414 | 925 STUDIOS LLC | LOW INCOME RENTAL | $4,493,000 | 163 ft |
| 929 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | SORORITY/FRATERNITY HOUSING | $0 | 203 ft |
| 1000 5TH ST S E MINNEAPOLIS MN 55414 | 1000 5TH STR SE LLC LLC | SORORITY/FRATERNITY HOUSING | $2,100,000 | 204 ft |
| 400 10TH AVE S E MINNEAPOLIS MN 55414 | SIGMA PHI EPSILON FRAT ALUM | SORORITY/FRATERNITY HOUSING | $617,000 | 261 ft |
| 915 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | VACANT LAND-APARTMENT | $0 | 268 ft |
| 515 10TH AVE S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | APARTMENT | $1,251,000 | 286 ft |
| 1012 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA ALPHA THETA | SORORITY/FRATERNITY HOUSING | $979,000 | 303 ft |
| 1011 4TH ST S E MINNEAPOLIS MN 55414 | CLUSTER DINKYTOWN LLC | APARTMENT | $3,279,000 | 343 ft |
| 912 9TH ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 361 ft |
Current Tax Year