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.
No permits found in Minneapolis open data for this parcel.
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
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 4,214 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 322 CLIFTON AVE MINNEAPOLIS MN 55403 | THE CLIFTON LLC | APARTMENT | $1,440,000 | 90 ft |
| 310 CLIFTON AVE MINNEAPOLIS MN 55403 | THEROS REALTY II LLC | COMMERCIAL-PREFERRED | $1,497,600 | 104 ft |
| 317 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 145 ft |
| 315 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 159 ft |
| 333 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID J LUNDSTROM | APARTMENT | $4,449,000 | 169 ft |
| 307 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $388,800 | 181 ft |
| 317 CLIFTON AVE MINNEAPOLIS MN 55403 | VAUGHN E FESENMAIER | APARTMENT | $1,013,000 | 202 ft |
| 400 CLIFTON AVE MINNEAPOLIS MN 55403 | THE ARCHITECTURAL ALLIANCE | COMMERCIAL-PREFERRED | $2,376,200 | 240 ft |
| 300 CLIFTON AVE MINNEAPOLIS MN 55403 | MARK LYONS | RESIDENTIAL-TWO UNIT | $1,406,300 | 255 ft |
| 337 OAK GROVE ST MINNEAPOLIS MN 55403 | COULEE BANK | COMMERCIAL-PREFERRED | $886,800 | 256 ft |
Most Recent Sale
Current Tax Year