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 2019 · $4K total declared value · Most recent: Jun 2024 (existres)
Ray N Welter Heating Co
Midland HVAC LLC
Residential Heating and Air Conditioning Inc
Midland HVAC 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 68
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
Residential Mixed-Use 1 — low-density mixed 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 1,536 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2005 GARFIELD AVE MINNEAPOLIS MN 55405 | SCOTT W HOLMQUIST | APARTMENT | $693,000 | 64 ft |
| 2009 GARFIELD AVE MINNEAPOLIS MN 55405 | SNYDER APARTMENTS LLC | APARTMENT | $983,000 | 76 ft |
| 2015 GARFIELD AVE MINNEAPOLIS MN 55405 | R BIALON & & M BIALON | RESIDENTIAL-TWO UNIT | $470,400 | 112 ft |
| 501 FRANKLIN AVE W MINNEAPOLIS MN 55405 | EXCELSIOR PROPERTIES | APARTMENT | $3,336,000 | 114 ft |
| MN | Unknown | — | — | 150 ft |
| MN | Unknown | — | — | 150 ft |
| 2017 GARFIELD AVE MINNEAPOLIS MN 55405 | J A LINDE & J M BERNICK | RESIDENTIAL | $521,000 | 150 ft |
| MN | Unknown | — | — | 150 ft |
| 510 FRANKLIN AVE W MINNEAPOLIS MN 55405 | SCHLINK FAMILY REV TRUST | LAND-COMMERCIAL | $160,200 | 174 ft |
| 514 FRANKLIN AVE W MINNEAPOLIS MN 55405 | SCHLINK FAMILY REVOCABLE TR | RESIDENTIAL | $589,800 | 181 ft |
Most Recent Sale
Current Tax Year