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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
8 permits on record since 2016 · $898K total declared value · Most recent: Sep 2024 (foodbev)
AMERICAN MECHANICAL CO INC
MJM Architects
RESTORATION PROFESSIONALS MN
MODERN HEATING AND AIR CONDITIONING INC
Cool Air Mechanical 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 1039
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 418 13TH AVE S E MINNEAPOLIS MN 55414 | ZEPHYR GROUP LLP | COMMERCIAL-PREFERRED | $1,134,000 | 140 ft |
| 417 14TH AVE S E MINNEAPOLIS MN 55414 | SAKALLAH GROUP LLC | COMMERCIAL-PREFERRED | $2,320,000 | 141 ft |
| 416 13TH AVE S E MINNEAPOLIS MN 55414 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 159 ft |
| 410 13TH AVE S E MINNEAPOLIS MN 55414 | 1307-1314 4TH ST SE DOYLE | LAND-COMMERCIAL | $108,900 | 172 ft |
| 1315 4TH ST S E MINNEAPOLIS MN 55414 | 1307-1314 4TH ST SE DOYLE | APARTMENT | $8,935,000 | 177 ft |
| 1307 4TH ST S E MINNEAPOLIS MN 55414 | 1307-1314 4TH ST SE DOYLE | APARTMENT | $13,396,100 | 186 ft |
| 411 14TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN 411 LLC | APARTMENT | $1,450,000 | 187 ft |
| 1319 4TH ST S E MINNEAPOLIS MN 55414 | SAKALLAH DEVELOPMENT LLC | COMMERCIAL-PREFERRED | $1,540,000 | 192 ft |
| 1301 4TH ST S E MINNEAPOLIS MN 55414 | MEDICH PROPERTIES LLC | COMMERCIAL-PREFERRED | $2,675,000 | 232 ft |
| 401 14TH AVE S E MINNEAPOLIS MN 55414 | DINKYTOWN LLC | COMMERCIAL-PREFERRED | $2,490,000 | 249 ft |