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 2023 · $18K total declared value · Most recent: Nov 2023 (misc)
Twin Cities Home Solutions LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Steven's Square - Loring Heights · 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
Urban Neighborhood 2 — moderate-density 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 small multifamily (2–4 units, wood frame) benchmarks for 1,752 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1900 PILLSBURY AVE MINNEAPOLIS MN 55403 | LARRY D HIEBERT TRUSTEE | RESIDENTIAL-TWO UNIT | $626,400 | 70 ft |
| 209 GROVELAND AVE MINNEAPOLIS MN 55403 | MPLS UPTN RNTLS 202 LLC ETAL | RESIDENTIAL-TWO UNIT | $379,100 | 79 ft |
| 212 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | LEV1934 LLC | TRIPLEX | $1,119,000 | 103 ft |
| 201 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | WILLEKE & DANIELS R E PTNRS | COMMERCIAL-PREFERRED | $1,081,200 | 153 ft |
| 216 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | JUDY A CANDELL | CONDOMINIUM | $390,000 | 192 ft |
| 218 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | ERIK ANTHONY WRIGHT | CONDOMINIUM | $395,000 | 192 ft |
| 220 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | JOHN A BACHHUBER TRUST | CONDOMINIUM | $385,000 | 192 ft |
| MN | Unknown | — | — | 192 ft |
| 212 GROVELAND AVE MINNEAPOLIS MN 55403 | CRAIG KELLY | TOWNHOUSE | $398,000 | 232 ft |
| 210 GROVELAND AVE MINNEAPOLIS MN 55403 | GROVELAND TOWNHOUSE ASSN | COMMON AREA | $0 | 236 ft |
Most Recent Sale
Current Tax Year