Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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 1057
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | B KINNING & D J KINNING | CONDOMINIUM | $146,000 | 0 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | KENNETH R WIK | CONDOMINIUM | $139,000 | 0 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | DIANE TVEDT | CONDOMINIUM | $139,000 | 0 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | JOYCE M STONE LIVING TRUST | CONDOMINIUM | $139,000 | 0 ft |
| 1912 1ST AVE S MINNEAPOLIS MN 55403 | TUPPER PROPERTIES LLC | TRIPLEX | $480,100 | 48 ft |
| 1920 1ST AVE S MINNEAPOLIS MN 55403 | GONZALO A BASCUR | TRIPLEX | $411,100 | 50 ft |
| 1910 1ST AVE S MINNEAPOLIS MN 55403 | ISLES 2004 LLC | APARTMENT | $1,903,000 | 98 ft |
| 22 FRANKLIN AVE E MINNEAPOLIS MN 55404 | JOHN CLAUSEN | COMMERCIAL-PREFERRED | $411,000 | 129 ft |
| 1913 NICOLLET AVE MINNEAPOLIS MN 55403 | FAMILY TREE INC | LAND-COMMERCIAL | $0 | 129 ft |
| 12 FRANKLIN AVE E MINNEAPOLIS MN 55404 | EMSD PROPERTIES LLC | COMMERCIAL-PREFERRED | $436,000 | 131 ft |