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.
9 permits on record since 2009 · $1.7M total declared value · Most recent: Apr 2026 (commercial minor)
EXCEL MECHANICAL INC
LANGER CONSTRUCTION
Binder Heating and Air Conditioning Inc
ALL ENERGY SOLAR INC
ADVANCED DESIGN CONTRACTING LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
University of Minnesota · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1049.01
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Residential Mixed-Use 3 — higher-density mixed 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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 516 DELAWARE ST S E MINNEAPOLIS MN 55455 | UNIVERSITY OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 158 ft |
| 325 HARVARD ST S E MINNEAPOLIS MN 55414 | KAPPA C ALUMNI ASSN PHI CHI | SORORITY/FRATERNITY HOUSING | $476,000 | 160 ft |
| 311 HARVARD ST S E MINNEAPOLIS MN 55414 | 600 WASHINGTON PRTNRSHP LLP | APARTMENT | $14,256,000 | 303 ft |
| 600 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | 600 WASHINGTON PRTNRSHP LLP | APARTMENT | $57,974,000 | 305 ft |
| 605 DELAWARE ST S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 322 ft |
| 424 HARVARD ST S E MINNEAPOLIS MN 55414 | REGENT OF U OF MINN | COMMERCIAL-PREFERRED | $0 | 341 ft |
| 612 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | 600 WASHINGTON PRTNRSHP LLP | APARTMENT | $22,810,100 | 364 ft |
| 616 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | HSRE STATION ON WASHINGTON | APARTMENT | $2,402,000 | 416 ft |
| 308 WALNUT ST SE MINNEAPOLIS MN 55414 | HSRE STATION ON WASHINGTON | APARTMENT | $8,808,000 | 421 ft |
| 630 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | HSRE STATION ON WASHINGTON | APARTMENT | $15,481,000 | 459 ft |
Most Recent Sale
Current Tax Year