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.
4 permits on record since 2017 · $27K total declared value · Most recent: Feb 2022 (existres)
Home Energy Center Inc
PROMINENT CONSTRUCTION LLC
PROMINENT CONSTRUCTION LLC
Residential Heating and Air Conditioning Inc
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 949 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 720 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $256,600 | 44 ft |
| 1926 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $379,600 | 65 ft |
| 1924 8TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $328,400 | 87 ft |
| 1908 8TH ST S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $16,900 | 95 ft |
| 716 20TH AVE S MINNEAPOLIS MN 55454 | M C D A (W BANK HOMES CO-OP) | VACANT LAND-RESIDENTIAL | $76,000 | 101 ft |
| 1916 8TH ST S MINNEAPOLIS MN 55454 | HEIDI J ARNESON | RESIDENTIAL-TWO UNIT | $381,400 | 119 ft |
| 800 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 143 ft |
| 716 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $517,000 | 154 ft |
| 712 20TH AVE S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $375,600 | 156 ft |
| 1912 8TH ST S MINNEAPOLIS MN 55454 | WEST BANK COMMUNITY HSG CORP | RESIDENTIAL-TWO UNIT | $392,100 | 160 ft |
Most Recent Sale
Current Tax Year