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 2018 · $23K total declared value · Most recent: Mar 2024 (misc)
Summit Construction Group
BONFES PLUMBING HEATING AND AIR SERVICE INC
McQuillan Bros Plumbing Heating & AC LLC
PELLA NORTHLAND
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 1070
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 2,753 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2628 GARFIELD AVE MINNEAPOLIS MN 55408 | TAMMY WONG | RESIDENTIAL | $460,100 | 45 ft |
| 2636 GARFIELD AVE MINNEAPOLIS MN 55408 | ELIZABETH S STRUYK | RESIDENTIAL-TWO UNIT | $353,500 | 45 ft |
| 2624 GARFIELD AVE MINNEAPOLIS MN 55408 | DANIEL KRUG | RESIDENTIAL | $410,000 | 90 ft |
| 2640 GARFIELD AVE MINNEAPOLIS MN 55408 | NEXT NEST MN LLC | TRIPLEX | $530,800 | 90 ft |
| 2637 LYNDALE AVE S MINNEAPOLIS MN 55408 | R T & D S CONDON TRUSTEES | LOW INCOME RENTAL | $1,490,000 | 132 ft |
| 2644 GARFIELD AVE MINNEAPOLIS MN 55408 | AMERIHOME MORTGAGE CO LLC | RESIDENTIAL-TWO UNIT | $399,100 | 135 ft |
| 2629 LYNDALE AVE S MINNEAPOLIS MN 55408 | REX DEVELOPMENT CO II LLC | VACANT LAND-RESIDENTIAL | $93,000 | 137 ft |
| 2625 LYNDALE AVE S MINNEAPOLIS MN 55408 | REX DEVELOPMENT CO II LLC | APARTMENT | $621,000 | 157 ft |
| 2616 GARFIELD AVE MINNEAPOLIS MN 55408 | STONEBRIDGE PROPERTIES LLC | APARTMENT | $1,466,000 | 158 ft |
| 2641 LYNDALE AVE S MINNEAPOLIS MN 55408 | THIRTY SEVENTEEN PARTNRS LLC | APARTMENT | $515,000 | 159 ft |
Most Recent Sale
Current Tax Year