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 2021 · $1.0M total declared value · Most recent: Apr 2025 (roofwind)
MINNESOTA EXTERIORS INC
CEDAR CREEK ENERGY CORP
Berg Plumbing and Heating Inc
Faircon Service Co
FLANNERY CONSTRUCTION
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 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 10,669 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 331 19TH ST E MINNEAPOLIS MN 55404 | B ALLEN & C GARDENIER | RESIDENTIAL | $258,000 | 103 ft |
| 333 19TH ST E MINNEAPOLIS MN 55404 | M WHITECOTTON/M A CICCONE IV | RESIDENTIAL | $205,000 | 104 ft |
| 339 19TH ST E MINNEAPOLIS MN 55404 | ROSE PAASEWE | RESIDENTIAL | $172,700 | 113 ft |
| 1906 4TH AVE S MINNEAPOLIS MN 55404 | GRACE TEMPLE DELIVERANCE CTR | COMMERCIAL-PREFERRED | $0 | 142 ft |
| 1910 4TH AVE S MINNEAPOLIS MN 55404 | MPLS PUBLIC HOUSING AUTH | LAND-COMMERCIAL | $0 | 146 ft |
| 1920 4TH AVE S MINNEAPOLIS MN 55404 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 151 ft |
| 1904 4TH AVE S MINNEAPOLIS MN 55404 | GRACE TEMPLE DELIVERANCE CTR | COMMERCIAL-PREFERRED | $0 | 154 ft |
| 341 19TH ST E MINNEAPOLIS MN 55404 | ZACHARY KORB & JULIA MUSHA | CONDOMINIUM | $113,000 | 179 ft |
| 341 19TH ST E MINNEAPOLIS MN 55404 | ZACHARY KORB | CONDOMINIUM | $129,000 | 179 ft |
| 1902 4TH AVE S MINNEAPOLIS MN 55404 | PATRICK THOMAS LYMAN | CONDOMINIUM | $106,000 | 179 ft |
Current Tax Year