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.
2 permits on record since 2023 · Most recent: Mar 2024 (existres)
Ideal Air LLC
CenterPoint Energy Resource Corp
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 1,885 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2401 PLEASANT AVE MINNEAPOLIS MN 55404 | J R COLEMAN & E D COLEMAN | RESIDENTIAL | $535,400 | 60 ft |
| 225 24TH ST W MINNEAPOLIS MN 55404 | IVAN E NUNEZ/CLAY J SCHOTZKO | RESIDENTIAL | $354,800 | 64 ft |
| 2411 PLEASANT AVE MINNEAPOLIS MN 55404 | JOHN P MOORE TRUSTEE | RESIDENTIAL | $481,200 | 79 ft |
| 219 24TH ST W MINNEAPOLIS MN 55404 | A F KILLIAN & B NELSON | RESIDENTIAL-TWO UNIT | $396,600 | 101 ft |
| 217 24TH ST W MINNEAPOLIS MN 55404 | ROBERT T LORD JR | RESIDENTIAL-TWO UNIT | $394,000 | 140 ft |
| 2417 PLEASANT AVE MINNEAPOLIS MN 55404 | BROBERG PROPERTIES V LLC | APARTMENT | $965,000 | 164 ft |
| 2404 PLEASANT AVE MINNEAPOLIS MN 55404 | K NELSON & E SJOQUIST TRUST | RESIDENTIAL | $697,000 | 183 ft |
| 2408 PLEASANT AVE MINNEAPOLIS MN 55404 | J LEVINE & L MARSHALL | RESIDENTIAL | $808,900 | 184 ft |
| 2325 PLEASANT AVE MINNEAPOLIS MN 55404 | J SALVESON & S K PELLICCI | RESIDENTIAL-TWO UNIT | $537,200 | 193 ft |
| 2400 PLEASANT AVE MINNEAPOLIS MN 55404 | KURT NELSON/ERIN SJOQUIST TR | RESIDENTIAL-TWO UNIT | $463,900 | 193 ft |
Current Tax Year