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.
No permits found in Minneapolis open data for this parcel.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 1920 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 117 ft |
| 721 19TH AVE S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $30,000 | 133 ft |
| 1900 8TH ST S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $15,400 | 136 ft |
| 725 19TH AVE S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | LOW INCOME RENTAL | $549,100 | 145 ft |
| 711 CEDAR AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | VACANT LAND-APARTMENT | $0 | 150 ft |
| 717 19TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $358,400 | 160 ft |
| 703 19TH AVE S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $116,000 | 178 ft |
| 713 19TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $438,000 | 198 ft |
| 1904 8TH ST S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $33,700 | 211 ft |
| 1912 8TH ST S MINNEAPOLIS MN 55454 | WEST BANK COMMUNITY HSG CORP | RESIDENTIAL-TWO UNIT | $392,100 | 226 ft |