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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
2 permits on record since 2018 · $50K total declared value · Most recent: Sep 2023 (res)
CenterPoint Energy Resource Corp
BWE CONSTRUCTION CO
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 3,611 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2300 GARFIELD AVE MINNEAPOLIS MN 55405 | 2300 GARFIELD LLC | RESIDENTIAL-TWO UNIT | $375,800 | 48 ft |
| 2216 GARFIELD AVE MINNEAPOLIS MN 55405 | 2216 GARFIELD LLC | APARTMENT | $2,720,000 | 80 ft |
| 2308 GARFIELD AVE MINNEAPOLIS MN 55405 | AREH 2308 GARFIELD LLC | APARTMENT | $1,250,000 | 108 ft |
| 2225 LYNDALE AVE S MINNEAPOLIS MN 55405 | KATARIA & SONS LLC | RESIDENTIAL-TWO UNIT | $722,000 | 130 ft |
| 2210 GARFIELD AVE MINNEAPOLIS MN 55405 | A T CLINARD & M K CLINARD | TRIPLEX | $506,500 | 152 ft |
| 2217 LYNDALE AVE S MINNEAPOLIS MN 55405 | SEED PROPERTIES LLC | COMMERCIAL-PREFERRED | $971,000 | 153 ft |
| MN | Unknown | — | — | 155 ft |
| MN | Unknown | — | — | 155 ft |
| 2309 LYNDALE AVE S MINNEAPOLIS MN 55405 | JHP 2309 LYNDALE LLC ET AL | APARTMENT | $521,900 | 155 ft |
| MN | Unknown | — | — | 155 ft |
Most Recent Sale
Current Tax Year