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.
8 permits on record since 2017 · $62K total declared value · Most recent: Apr 2024 (remodel)
ADVANTAGE CONSTRUCTION
ADVANTAGE CONSTRUCTION
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
QUARBERG COMPANIES 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
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 2,654 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2316 GRAND AVE S MINNEAPOLIS MN 55405 | ZACHARY MCPHERSON | VACANT LAND-RESIDENTIAL | $144,000 | 40 ft |
| 2324 GRAND AVE S MINNEAPOLIS MN 55405 | ELIZABETH R HOLMBERG | RESIDENTIAL-TWO UNIT | $481,100 | 45 ft |
| 2312 GRAND AVE S MINNEAPOLIS MN 55405 | BENJAMIN GARTNER | RESIDENTIAL | $441,300 | 80 ft |
| 2308 GRAND AVE S MINNEAPOLIS MN 55405 | ALEXI TABRIZI | RESIDENTIAL | $479,000 | 120 ft |
| 424 24TH ST W MINNEAPOLIS MN 55405 | EAT STREET 2 APARTMENTS LLC | APARTMENT | $1,574,000 | 142 ft |
| 2317 HARRIET AVE MINNEAPOLIS MN 55405 | ROBERT J MARESH | RESIDENTIAL-TWO UNIT | $402,900 | 146 ft |
| 2304 GRAND AVE S MINNEAPOLIS MN 55405 | KRISTOPHER & TINA BROBERG | RESIDENTIAL-TWO UNIT | $546,800 | 160 ft |
| 405 24TH ST W MINNEAPOLIS MN 55405 | JAMES PAUL GALVAN | RESIDENTIAL | $264,800 | 160 ft |
| 2313 HARRIET AVE MINNEAPOLIS MN 55405 | HASEEB M MALIK | RESIDENTIAL-TWO UNIT | $440,700 | 161 ft |
| 2400 GRAND AVE S MINNEAPOLIS MN 55405 | EMMA L MOGENDORFF TRUST | RESIDENTIAL | $343,900 | 163 ft |
Most Recent Sale
Current Tax Year