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 2007 · $23.9M total declared value · Most recent: Nov 2018 (commercial multi-family)
Cities 1 Plumbing and Heating Inc
RYAN MECHANICAL INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Downtown West · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1044
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Downtown Center 1 — urban core 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 |
|---|---|---|---|---|
| 1101 3RD AVE S MINNEAPOLIS MN 00000 | Unknown | — | $0 | 336 ft |
| 1101 3RD AVE S MINNEAPOLIS MN 00000 | Unknown | — | $0 | 336 ft |
| 1101 3RD AVE S MINNEAPOLIS MN 00000 | Unknown | — | $0 | 336 ft |
| MN | Unknown | — | — | 336 ft |
| 333 12TH ST S MINNEAPOLIS MN 55404 | CENTRAL LUTHERAN CHURCH | COMMERCIAL-PREFERRED | $0 | 388 ft |
| 505 GRANT ST E MINNEAPOLIS MN 55404 | ST PAUL DEVELOPMENT CORP | COMMERCIAL-PREFERRED | $1,713,600 | 404 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | MARIAM P MOKRI | CONDOMINIUM | $296,000 | 417 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | VLADIMIR D SPASIC | CONDOMINIUM | $259,000 | 417 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | MICHAEL RUSCH & TRACEY RUSCH | CONDOMINIUM | $353,000 | 417 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | KYLER CHASE/BRIANNA REGAN | CONDOMINIUM | $326,000 | 417 ft |
Current Tax Year