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 2019 · Most recent: Jan 2019 (res)
CenterPoint Energy Resource Corp
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 small multifamily (2–4 units, wood frame) benchmarks for 2,076 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1925 3RD AVE S MINNEAPOLIS MN 55404 | HEATHER A PAVLIK | RESIDENTIAL | $303,600 | 34 ft |
| 1921 3RD AVE S MINNEAPOLIS MN 55404 | 1900 & 1906 CLINTON AVE LLC | LOW INCOME RENTAL | $496,000 | 37 ft |
| 1927 3RD AVE S MINNEAPOLIS MN 55404 | LPC PROPERTIES LLC | RESIDENTIAL | $235,000 | 67 ft |
| 1915 3RD AVE S MINNEAPOLIS MN 55404 | 1900/1906 CLINTON AVENUE LLC | LOW INCOME RENTAL | $1,881,000 | 87 ft |
| 1929 3RD AVE S MINNEAPOLIS MN 55404 | 1929 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,175,000 | 109 ft |
| 1913 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMM ASCTS LTD PTRSP | VACANT LAND-APARTMENT | $128,400 | 142 ft |
| 1918 CLINTON AVE MINNEAPOLIS MN 55404 | BRENNA E & THOMAS C RAMY | RESIDENTIAL-TWO UNIT | $411,300 | 148 ft |
| 1922 CLINTON AVE MINNEAPOLIS MN 55404 | AYMAN ISSA ET AL | COMMERCIAL-PREFERRED | $1,120,000 | 153 ft |
| 1912 CLINTON AVE MINNEAPOLIS MN 55404 | 1912 CLINTON LLC | APARTMENT | $2,328,000 | 169 ft |
| 1920 3RD AVE S MINNEAPOLIS MN 55404 | NEBULA HOLDINGS LLC | COOPERATIVE HOUSING | $1,686,000 | 189 ft |
Most Recent Sale
Current Tax Year