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 2018 · $33K total declared value · Most recent: Oct 2024 (misc)
GARLOCK FRENCH ROOFING
4Front Energy Solutions Inc
4Front Energy Solutions Inc
BRENNE BUILDERS
Pronto Heating & Air Conditioning 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
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
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 2,820 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 310 CECIL ST S E MINNEAPOLIS MN 55414 | HENRY GOULD & SARAH KEISLING | RESIDENTIAL-TWO UNIT | $624,400 | 75 ft |
| 1960 RIVER TER E MINNEAPOLIS MN 55414 | CLARE SAUNDERS & LEXI ROSE | RESIDENTIAL | $508,100 | 88 ft |
| 1956 RIVER TER E MINNEAPOLIS MN 55414 | SEAN EDWARD SHERMAN | RESIDENTIAL | $457,200 | 133 ft |
| 316 CECIL ST S E MINNEAPOLIS MN 55414 | KYNDELL HARKNESS | RESIDENTIAL | $543,300 | 162 ft |
| 1952 RIVER TER E MINNEAPOLIS MN 55414 | MARION C WARWICK | RESIDENTIAL | $461,900 | 181 ft |
| 1965 RIVER TER E MINNEAPOLIS MN 55414 | JANELLE M KINNING | RESIDENTIAL | $477,700 | 206 ft |
| 1969 RIVER TER E MINNEAPOLIS MN 55414 | ALAN RICHIE & NANCY S ALCORN | RESIDENTIAL | $557,000 | 212 ft |
| 1961 RIVER TER E MINNEAPOLIS MN 55414 | M J MCCOMAS & J J MCCOMAS | RESIDENTIAL | $433,000 | 216 ft |
| 1948 RIVER TER E MINNEAPOLIS MN 55414 | CRISTINA SANTOS & JOHN V VIK | RESIDENTIAL | $420,000 | 229 ft |
| 1961 RIVER PKWY E MINNEAPOLIS MN 55414 | T D MACKEY & B R RYAN | RESIDENTIAL | $763,000 | 240 ft |
Most Recent Sale
Current Tax Year