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 2018 · $13K total declared value · Most recent: Jul 2018 (misc)
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
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 6,003 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 928 5TH ST S E MINNEAPOLIS MN 55414 | KAPPA HOUSE CORP | SORORITY/FRATERNITY HOUSING | $682,000 | 96 ft |
| 925 4TH ST S E MINNEAPOLIS MN 55414 | 925 STUDIOS LLC | LOW INCOME RENTAL | $4,493,000 | 172 ft |
| 929 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | SORORITY/FRATERNITY HOUSING | $0 | 227 ft |
| 915 5TH ST S E MINNEAPOLIS MN 55414 | EVANS SCHOLARS FOUNDATION | VACANT LAND-APARTMENT | $0 | 253 ft |
| 1000 5TH ST S E MINNEAPOLIS MN 55414 | 1000 5TH STR SE LLC LLC | SORORITY/FRATERNITY HOUSING | $2,100,000 | 299 ft |
| 515 10TH AVE S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | APARTMENT | $1,251,000 | 304 ft |
| 912 9TH ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 335 ft |
| 400 10TH AVE S E MINNEAPOLIS MN 55414 | SIGMA PHI EPSILON FRAT ALUM | SORORITY/FRATERNITY HOUSING | $617,000 | 338 ft |
| 910 6TH ST S E MINNEAPOLIS MN 55414 | HS PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $50,000 | 352 ft |
| 914 4TH ST S E MINNEAPOLIS MN 55414 | KAPPA KAPPA GAMMA ASSN | SORORITY/FRATERNITY HOUSING | $322,000 | 368 ft |
Current Tax Year