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.
1 permit on record since 2020 · $2K total declared value · Most recent: Jan 2020 (commercial multi-family)
Bruce Nelson Plumbing and Heating Service Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 78.01
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
| MN | Unknown | — | — | 0 ft |
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| 2624 2ND AVE S MINNEAPOLIS MN 55408 | JUDITH A NELSON | CONDOMINIUM | $180,000 | 141 ft |
| 2626 2ND AVE S MINNEAPOLIS MN 55408 | HSIANG HSIN HSIUNG | CONDOMINIUM | $207,000 | 141 ft |
| 2628 2ND AVE S MINNEAPOLIS MN 55408 | MARIE UGBOAJAH | CONDOMINIUM | $180,000 | 141 ft |
| 2630 2ND AVE S MINNEAPOLIS MN 55408 | DEREK B JOHNSON-DEAN ET AL | CONDOMINIUM | $190,000 | 141 ft |