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 2020 · $12K total declared value · Most recent: Mar 2020 (misc)
WALKER ROOFING CO
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 579 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 417 12TH AVE S E MINNEAPOLIS MN 55414 | SHONGTAO DAI & YI CHEN | RESIDENTIAL | $271,900 | 38 ft |
| 1126 5TH ST S E MINNEAPOLIS MN 55414 | GAMMA GAMMA ALUMNI ASSN | SORORITY/FRATERNITY HOUSING | $609,000 | 60 ft |
| 1120 5TH ST S E MINNEAPOLIS MN 55414 | CAMPUS CRUSADE CHRIST INTL | RESIDENTIAL-TWO UNIT | $416,800 | 70 ft |
| 411 12TH AVE S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $759,000 | 86 ft |
| 1116 5TH ST S E MINNEAPOLIS MN 55414 | ALPHA KAPPA PSI HOUSE CORP | SORORITY/FRATERNITY HOUSING | $694,000 | 134 ft |
| 1119 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $7,700,700 | 158 ft |
| 450 12TH AVE S E MINNEAPOLIS MN 55414 | 412L PROPCO LLC | VACANT LAND-APARTMENT | $6,000 | 161 ft |
| 1127 4TH ST S E MINNEAPOLIS MN 55414 | MINNESOTA BANK & TRUST | APARTMENT | $785,000 | 169 ft |
| 1115 4TH ST S E MINNEAPOLIS MN 55414 | 1107,1111,1115 4TH ST SE LLC | RESIDENTIAL | $446,000 | 188 ft |
| 1110 5TH ST S E MINNEAPOLIS MN 55414 | DINKYTOWN 1110 LLC | TRIPLEX | $594,000 | 198 ft |
Current Tax Year