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.
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
Urban Neighborhood 2 — moderate-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 |
|---|---|---|---|---|
| 1519 RIVER TER E MINNEAPOLIS MN 55414 | K BOUERI & A A RANDO | RESIDENTIAL | $413,500 | 129 ft |
| 1523 RIVER TER E MINNEAPOLIS MN 55414 | PAMELA MINK | RESIDENTIAL | $309,400 | 182 ft |
| 1512 RIVER TER E MINNEAPOLIS MN 55414 | H-P DERUITER/M A B DERUITER | RESIDENTIAL | $483,800 | 218 ft |
| 1511 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | AUTHOR DUSTIN DORRIS | CONDOMINIUM | $488,000 | 228 ft |
| 1509 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | DUNCAN ACKERMAN ET AL | CONDOMINIUM | $377,000 | 228 ft |
| 1507 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J T LANGLAND & P I LANGLAND | CONDOMINIUM | $436,000 | 228 ft |
| 1505 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | MERRILY D MAZZA TRUST | CONDOMINIUM | $363,000 | 228 ft |
| 1503 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | AHMED MAHAMOUD | CONDOMINIUM | $383,000 | 228 ft |
| 1501 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | P L RIEDESEL & J E RIEDESEL | CONDOMINIUM | $488,000 | 228 ft |
| MN | Unknown | — | — | 228 ft |
Current Tax Year