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 2014 · $511K total declared value · Most recent: May 2014 (binb)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Cedar Riverside · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1048.02
Zip code 55454
Source: Redfin Data Center (Invalid Date) · Zip 55454
Urban Neighborhood 3 — medium-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 314 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 624 20TH AVE S MINNEAPOLIS MN 55454 | TIMOTHY MORGAN/DAWN MORGAN | TOWNHOUSE | $368,100 | 22 ft |
| 632 20TH AVE S MINNEAPOLIS MN 55454 | ILHAM HUSSEIN | TOWNHOUSE | $377,700 | 29 ft |
| 620 20TH AVE S MINNEAPOLIS MN 55454 | ABDULKADIR Y WARSAME | TOWNHOUSE | $368,100 | 48 ft |
| 1922 7TH ST S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $61,000 | 65 ft |
| 616 20TH AVE S MINNEAPOLIS MN 55454 | KAREN E GEHRKE | RESIDENTIAL-TWO UNIT | $342,200 | 90 ft |
| 1916 7TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $482,100 | 104 ft |
| 608 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $406,000 | 140 ft |
| 1920 7TH ST S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $19,600 | 146 ft |
| 1912 7TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $296,700 | 149 ft |
| 606 20TH AVE S MINNEAPOLIS MN 55454 | MELISSA A FERDERER | RESIDENTIAL-TWO UNIT | $259,200 | 181 ft |
Most Recent Sale
Current Tax Year