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.
4 permits on record since 2017 · $148K total declared value · Most recent: Sep 2019 (commercial multi-family)
Cool Air Mechanical Inc
TERRA GENERAL CONTRACTORS
MODERN HEATING AND AIR CONDITIONING INC
Wenzel-Plymouth Plumbing LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1069
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 |
|---|---|---|---|---|
| 2432 1ST AVE S MINNEAPOLIS MN 55404 | 2432 FIRST AVENUE LLC | APARTMENT | $1,295,000 | 139 ft |
| 2428 1ST AVE S MINNEAPOLIS MN 55404 | J SMALL/M B SMALL | RESIDENTIAL-TWO UNIT | $339,700 | 144 ft |
| 2436 1ST AVE S MINNEAPOLIS MN 55404 | PINNACLE PROPERTY SOLS LLC | APARTMENT | $754,000 | 151 ft |
| 2419 NICOLLET AVE MINNEAPOLIS MN 55404 | TASKS UNLIMITED LODGES | COMMERCIAL-PREFERRED | $0 | 163 ft |
| 2440 1ST AVE S MINNEAPOLIS MN 55404 | BAM-A LLC | APARTMENT | $587,000 | 176 ft |
| 2420 1ST AVE S MINNEAPOLIS MN 55404 | HAPPY STAR II LLC | APARTMENT | $1,911,000 | 177 ft |
| 2443 NICOLLET AVE MINNEAPOLIS MN 55404 | FAIRWAY 9 NICOLLET LLC ET AL | APARTMENT | $3,070,100 | 181 ft |
| 2444 1ST AVE S MINNEAPOLIS MN 55404 | LINCOLN TRUST CO TRUSTEE | TRIPLEX | $472,000 | 209 ft |
| 2415 NICOLLET AVE MINNEAPOLIS MN 55404 | TASKS UNLIMITED LODGES | COMMERCIAL-PREFERRED | $0 | 222 ft |
| 2416 1ST AVE S MINNEAPOLIS MN 55404 | OMEGA ONE LTD | VACANT LAND-RESIDENTIAL | $82,000 | 227 ft |