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.
2 permits on record since 2025 · $23K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
NEW LIFE CONTRACTING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 35 SIDNEY PL MINNEAPOLIS MN 55414 | BRIAN PASTARR | RESIDENTIAL-TWO UNIT | $495,000 | 50 ft |
| 25 SIDNEY PL MINNEAPOLIS MN 55414 | B E KLINE & L A GOLDMAN | APARTMENT | $883,000 | 74 ft |
| 58 MALCOLM AVE S E MINNEAPOLIS MN 55414 | K R ANDERSON & K M ANDERSON | RESIDENTIAL | $530,400 | 132 ft |
| 3020 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3020 ON THE RAIL LLC | APARTMENT | $3,700,000 | 132 ft |
| 52 MALCOLM AVE S E MINNEAPOLIS MN 55414 | R B & G L HAUG | RESIDENTIAL | $414,000 | 136 ft |
| 19 SIDNEY PL MINNEAPOLIS MN 55414 | 19 SIDNEY LLC | RESIDENTIAL-TWO UNIT | $412,000 | 150 ft |
| 3036 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | GENESIS II FOR WOMEN INC | COMMERCIAL-PREFERRED | $0 | 157 ft |
| 3018 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEXTILE CENTER OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 193 ft |
| 20 SIDNEY PL MINNEAPOLIS MN 55414 | KATHRYN E KAHN REV TRUST | RESIDENTIAL | $316,900 | 210 ft |
| 3014 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | N H KHATOON & H M KHAN ET AL | COMMERCIAL-PREFERRED | $1,013,000 | 215 ft |