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.
Prospect Park - East River Road · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1049.02
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 |
|---|---|---|---|---|
| 831 RIVER MEWS CT MINNEAPOLIS MN 55414 | S J FENLASON & T A KIRK | CONDOMINIUM | $482,000 | 0 ft |
| 833 RIVER MEWS CT MINNEAPOLIS MN 55414 | MICHAEL WALLER & CARI WALLER | CONDOMINIUM | $407,000 | 0 ft |
| 835 RIVER MEWS CT MINNEAPOLIS MN 55414 | CHARLES A CHERMAK | CONDOMINIUM | $394,000 | 0 ft |
| 837 RIVER MEWS CT MINNEAPOLIS MN 55414 | TARA J RUSSELL | CONDOMINIUM | $392,000 | 0 ft |
| 839 RIVER MEWS CT MINNEAPOLIS MN 55414 | MARA RACHEL SCHANFIELD | CONDOMINIUM | $449,000 | 0 ft |
| MN | Unknown | — | — | 115 ft |
| 1413 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | DONALD BENJAMIN CAMERON ETAL | CONDOMINIUM | $476,000 | 115 ft |
| 1411 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | ELIZABETH A KREBSBACH ET AL | CONDOMINIUM | $386,000 | 115 ft |
| 1409 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | D K BUCHER & W S COOPER JR | CONDOMINIUM | $444,000 | 115 ft |
| 1407 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | M M LIMBACH & S J LIMBACH | CONDOMINIUM | $439,000 | 115 ft |