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 2004 · $115K total declared value · Most recent: Sep 2004 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Downtown Center 2 — downtown frame district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 14 GRANT ST E MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $7,130,000 | 139 ft |
| 1333 NICOLLET MALL MINNEAPOLIS MN 55403 | BURGERTAINMENT LLC | COMMERCIAL-PREFERRED | $2,350,000 | 172 ft |
| 1314 MARQUETTE AVE MINNEAPOLIS MN 55403 | MARQUETTE PLACE APTS LLC | APARTMENT | $23,870,000 | 185 ft |
| 15 GRANT ST E MINNEAPOLIS MN 55403 | LORING TOWERS MN HOUSING L P | LOW INCOME RENTAL | $16,390,000 | 314 ft |
| 1226 MARQUETTE AVE MINNEAPOLIS MN 55403 | WESTMINSTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 323 ft |
| 1221 NICOLLET MALL MINNEAPOLIS MN 55403 | WESTMINISTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 334 ft |
| 1221 NICOLLET MALL MINNEAPOLIS MN 55403 | WESTMINISTER PRESBYTERIAN CH | LAND-COMMERCIAL | $0 | 334 ft |
| MN | Unknown | — | — | 334 ft |
| 1300 NICOLLET MALL MINNEAPOLIS MN 55403 | W NICOLLET OWNER VIII LLC | COMMERCIAL-NON PREFERRED | $56,475,000 | 346 ft |
| 101 GRANT ST E MINNEAPOLIS MN 55403 | SUBSTANCE CHURCH INC | COMMERCIAL-PREFERRED | $0 | 411 ft |
Current Tax Year