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.
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 |
|---|---|---|---|---|
| 1601 NICOLLET AVE MINNEAPOLIS MN 55403 | FUENTES LLC | LAND-COMMERCIAL | $0 | 70 ft |
| 1604 1ST AVE S MINNEAPOLIS MN 55403 | CENTRAL COMMNTY HSG TRST/MPL | LAND-COMMERCIAL | $3,000 | 84 ft |
| 1600 1ST AVE S MINNEAPOLIS MN 55403 | YOUTH HOUSING LTD PTNSHP | APARTMENT | $0 | 111 ft |
| 1523 NICOLLET AVE MINNEAPOLIS MN 55403 | JAMES D WOELM | COMMERCIAL-PREFERRED | $571,700 | 158 ft |
| 1520 1ST AVE S MINNEAPOLIS MN 55403 | JAMES D WOELM | LAND-COMMERCIAL | $252,200 | 198 ft |
| 1515 NICOLLET AVE MINNEAPOLIS MN 55403 | WOELM LLC | COMMERCIAL-PREFERRED | $600,700 | 208 ft |
| 15 15TH ST E MINNEAPOLIS MN 55403 | JAMES D WOELM | LAND-COMMERCIAL | $169,500 | 226 ft |
| 1509 NICOLLET AVE MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 260 ft |
| 1508 1ST AVE S MINNEAPOLIS MN 55403 | CITY OF MPLS MUNICIPAL CORP | LAND-COMMERCIAL | $0 | 270 ft |
| 1500 NICOLLET AVE MINNEAPOLIS MN 55403 | MPLS LEASED HSG ASSOC IX LLP | LOW INCOME RENTAL | $32,800,000 | 270 ft |
Most Recent Sale
Current Tax Year