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 2025 · $52K total declared value · Most recent: Sep 2025 (misc)
Refresh Exteriors 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 1056
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Residential Mixed-Use 2 — medium-density mixed residential
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 856 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 428 GROVELAND AVE MINNEAPOLIS MN 55403 | GROVELAND HOUSE LLC | RESIDENTIAL | $1,008,400 | 61 ft |
| 421 CLIFTON AVE MINNEAPOLIS MN 55403 | ALAIN BINA-KASHANI | RESIDENTIAL | $1,167,000 | 73 ft |
| 418 GROVELAND AVE MINNEAPOLIS MN 55403 | MPLS UPTOWN RENTALS 418 LLC | RESIDENTIAL-TWO UNIT | $626,200 | 109 ft |
| 1730 CLIFTON PL MINNEAPOLIS MN 55403 | 21ST CENTURY TRIBAL SVCS LLC | COMMERCIAL-PREFERRED | $0 | 162 ft |
| 416 CLIFTON AVE MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | VACANT LAND-APARTMENT | $161,900 | 231 ft |
| 410 CLIFTON AVE MINNEAPOLIS MN 55403 | ALAIN BINA-KASHANI | RESIDENTIAL | $1,018,600 | 236 ft |
| 404 CLIFTON AVE MINNEAPOLIS MN 55403 | THE ARCHITECTURAL ALLIANCE | LAND-COMMERCIAL | $311,500 | 253 ft |
| 511 GROVELAND AVE MINNEAPOLIS MN 55403 | HENN AV UNITED METHODIST CH | COMMERCIAL-PREFERRED | $0 | 285 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | EVA FARINA & ROBERT FARINA | CONDOMINIUM | $123,000 | 308 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | RISHIKESH C RAKESH ET AL | CONDOMINIUM | $164,000 | 308 ft |
Most Recent Sale
Current Tax Year