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.
3 permits on record since 2017 · $40K total declared value · Most recent: Mar 2024 (misc)
Red Line Contracting
Red Line Contracting
GV Heating and Air 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 2 — moderate-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 1,101 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2600 7TH ST S MINNEAPOLIS MN 55454 | P M FERGUSON & K M FERGUSON | RESIDENTIAL | $194,100 | 39 ft |
| 2608 7TH ST S MINNEAPOLIS MN 55454 | J J ZANMILLER/E G ZANMILLER | RESIDENTIAL | $257,200 | 40 ft |
| 2614 7TH ST S MINNEAPOLIS MN 55454 | STEPHEN J FREUND | RESIDENTIAL | $224,900 | 79 ft |
| 2605 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $375,900 | 100 ft |
| 2609 6TH ST S MINNEAPOLIS MN 55454 | HALEY BEGORDIS | CONDOMINIUM | $175,000 | 105 ft |
| 2609 6TH ST S MINNEAPOLIS MN 55454 | D C DUSBABEK & L M JOHNSON | CONDOMINIUM | $244,000 | 105 ft |
| MN | Unknown | — | — | 105 ft |
| 2601 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $407,000 | 109 ft |
| 2618 7TH ST S MINNEAPOLIS MN 55454 | JENNIFER SMALL | RESIDENTIAL | $275,000 | 119 ft |
| 2613 6TH ST S MINNEAPOLIS MN 55454 | CITY OF MINNEAPOLIS | LOW INCOME RENTAL | $367,400 | 124 ft |
Most Recent Sale
Current Tax Year