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.
6 permits on record since 2017 · $57K total declared value · Most recent: Mar 2024 (misc)
HOFFMAN WEBER CONSTRUCTION INC
WINDOW CONCEPTS OF MINNESOTA INC
ST PAUL PLUMBING AND HEATING CO INC
Mike Larson Master Plumber Inc
JCJ CONSTRUCTION INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
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 4,296 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 241 BEDFORD ST S E MINNEAPOLIS MN 55414 | A PIOTROWSKI/J M PIOTROWSKA | RESIDENTIAL | $370,400 | 50 ft |
| 247 BEDFORD ST S E MINNEAPOLIS MN 55414 | M FRY-PERROW/J FRY-PERROW | RESIDENTIAL | $434,300 | 60 ft |
| 239 BEDFORD ST S E MINNEAPOLIS MN 55414 | J F ABUZZAHAB/T N SIMONSEN | RESIDENTIAL | $373,400 | 90 ft |
| 251 BEDFORD ST S E MINNEAPOLIS MN 55414 | R BECICKA & S HAWKINS | RESIDENTIAL | $508,300 | 120 ft |
| 237 BEDFORD ST S E MINNEAPOLIS MN 55414 | R J LEHTO & K R MATALAMAKI | RESIDENTIAL | $338,400 | 130 ft |
| 242 EMERALD ST S E MINNEAPOLIS MN 55414 | LAURA L HAVLINA-MADSEN TRUST | RESIDENTIAL | $245,200 | 140 ft |
| 246 EMERALD ST S E MINNEAPOLIS MN 55414 | K M DAVIS & R E INKALA | RESIDENTIAL | $412,100 | 150 ft |
| 240 EMERALD ST S E MINNEAPOLIS MN 55414 | DARLENE K MELCHER | RESIDENTIAL | $237,300 | 154 ft |
| 233 BEDFORD ST S E MINNEAPOLIS MN 55414 | SISU INVESTMENT PARTNERS LLC | RESIDENTIAL-TWO UNIT | $518,500 | 180 ft |
| 252 EMERALD ST S E MINNEAPOLIS MN 55414 | LORI A REESE/TAMMY E EARLEY | RESIDENTIAL | $434,500 | 181 ft |
Most Recent Sale
Current Tax Year