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.
5 permits on record since 2018 · $59K total declared value · Most recent: Dec 2024 (commercial minor)
Weld and Sons Plumbing Inc
CEDAR CREEK ENERGY CORP
WALKER ROOFING CO
CenterPoint Energy Resource Corp
Farr Plumbing and Heating 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 1057
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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.
Back-of-envelope estimate based on 3-story wood frame (5–12 units) benchmarks for 3,539 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 314 18TH ST E MINNEAPOLIS MN 55404 | SARAH DOWNEY | CONDOMINIUM | $191,000 | 87 ft |
| 312 18TH ST E MINNEAPOLIS MN 55404 | THOMAS N NYLIN | CONDOMINIUM | $181,000 | 87 ft |
| 310 18TH ST E MINNEAPOLIS MN 55404 | ANDREA EFTHYVOULOU | CONDOMINIUM | $183,000 | 87 ft |
| 308 18TH ST E MINNEAPOLIS MN 55404 | IRMA REYES | CONDOMINIUM | $261,000 | 87 ft |
| 302 18TH ST E MINNEAPOLIS MN 55404 | J R KOHAN & P KOHAN | CONDOMINIUM | $179,000 | 87 ft |
| 300 18TH ST E MINNEAPOLIS MN 55404 | JAN GRIFFITH | CONDOMINIUM | $300,000 | 87 ft |
| 310 18TH ST E MINNEAPOLIS MN 55404 | AJ VICARA & J J WIESE | CONDOMINIUM | $175,000 | 87 ft |
| 310 18TH ST E MINNEAPOLIS MN 55404 | MOLLY O'BRIEN | CONDOMINIUM | $174,000 | 87 ft |
| 310 18TH ST E MINNEAPOLIS MN 55404 | ROBERTO MECHEN | CONDOMINIUM | $176,000 | 87 ft |
| 308 18TH ST E MINNEAPOLIS MN 55404 | SAKSHI KAUL & VIRAL H VAKIL | CONDOMINIUM | $175,000 | 87 ft |
Most Recent Sale
Current Tax Year