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.
2 permits on record since 2020 · $235K total declared value · Most recent: Apr 2024 (new)
Vector Sign Solutions LLC
Clear Channel Outdoor Holdings Inc
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 1044
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 |
|---|---|---|---|---|
| 1022 HENNEPIN AVE MINNEAPOLIS MN 55403 | MINNEAPOLIS CITY PARKING LLC | LAND-COMMERCIAL | $1,198,000 | 101 ft |
| 1021 HAWTHORNE AVE MINNEAPOLIS MN 55403 | MINNEAPOLIS CITY PARKING LLC | LAND-COMMERCIAL | $2,456,800 | 106 ft |
| 1025 HAWTHORNE AVE MINNEAPOLIS MN 55403 | MINNEAPOLIS CITY PARKING LLC | LAND-COMMERCIAL | $767,500 | 185 ft |
| 930 HENNEPIN AVE MINNEAPOLIS MN 55403 | KENWOOD BURROUGHS LLC | RESIDENTIAL-TWO UNIT | $676,800 | 241 ft |
| 36 10TH ST N MINNEAPOLIS MN 55403 | HENNEPIN THEATRE TRUST | COMMERCIAL-PREFERRED | $0 | 255 ft |
| 928 HENNEPIN AVE MINNEAPOLIS MN 55403 | HENNEPIN THEATRE TRUST | LAND-COMMERCIAL | $0 | 258 ft |
| 1001 HENNEPIN AVE MINNEAPOLIS MN 55403 | EAGLE BROOK CHURCH | LAND-COMMERCIAL | $1,799,200 | 267 ft |
| 6 11TH ST S MINNEAPOLIS MN 55403 | EAGLE BROOK CHURCH | LAND-COMMERCIAL | $264,100 | 309 ft |
| 916 HENNEPIN AVE MINNEAPOLIS MN 55403 | BDCCMAC LLC | COMMERCIAL-PREFERRED | $546,300 | 315 ft |
| 1103 HAWTHORNE AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $1,531,200 | 324 ft |
Most Recent Sale
Current Tax Year