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.
15 permits on record since 2017 · $1.7M total declared value · Most recent: May 2026 (commfdnr)
MESPO HEATING AND COOLING INC
ZEMAN CONSTRUCTION CO
CRAFT MASTERS REMODELING INC
ADVANCED MASONRY RESTORATION INC
Horwitz LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Loring Park · 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 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 |
|---|---|---|---|---|
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | A J M & R COMPANY LP | CONDOMINIUM | $94,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | MICHAEL J MALVER | CONDOMINIUM | $156,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | TIMOTHY NANTELL | CONDOMINIUM | $216,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | LYNNETTE M LIJESWKI | RESIDENTIAL | $115,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | C CLARK & C A CLARK | CONDOMINIUM | $138,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | K A & M E WEIDENHAMMER | CONDOMINIUM | $240,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | R DOWNS & C M CINQUE | CONDOMINIUM | $182,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | MICHAEL A BAILEY | CONDOMINIUM | $114,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | LAVONNE M LANDSVERK TRUST | CONDOMINIUM | $146,000 | 0 ft |
| 1225 LASALLE AVE MINNEAPOLIS MN 55403 | DANIEL SCHOENROCK | CONDOMINIUM | $215,000 | 0 ft |
Most Recent Sale
Current Tax Year