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.
6 permits on record since 2017 · $52K total declared value · Most recent: Apr 2024 (misc)
KAUFMAN SHEET METAL ROOFING INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
CenterPoint Energy Resource Corp
Michael R Heuchert
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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,339 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2729 2ND AVE S MINNEAPOLIS MN 55408 | DAVID CURTIS MEIER | RESIDENTIAL | $274,000 | 61 ft |
| 2733 2ND AVE S MINNEAPOLIS MN 55408 | MICHAEL J BONNETTE | RESIDENTIAL | $353,000 | 72 ft |
| 2713 2ND AVE S MINNEAPOLIS MN 55408 | CASTLEGAR PROPERTIES LLC | APARTMENT | $2,062,000 | 175 ft |
| 2732 2ND AVE S MINNEAPOLIS MN 55408 | EAT STREET FLAT LLC | APARTMENT | $5,063,000 | 192 ft |
| 2720 2ND AVE S MINNEAPOLIS MN 55408 | URBAN HOMEWORKS INC | VACANT LAND-RESIDENTIAL | $97,000 | 223 ft |
| 2716 2ND AVE S MINNEAPOLIS MN 55408 | ALEX ROHR | RESIDENTIAL-TWO UNIT | $336,900 | 254 ft |
| 2710 2ND AVE S MINNEAPOLIS MN 55408 | CHARLES D TEST | RESIDENTIAL | $441,800 | 291 ft |
| 2700 3RD AVE S MINNEAPOLIS MN 55408 | CBP PROPERTIES LLC | APARTMENT | $3,008,000 | 306 ft |
| 205 27TH ST E MINNEAPOLIS MN 55408 | YALE 205 27TH ST E LLC | APARTMENT | $1,331,000 | 317 ft |
| 201 27TH ST E MINNEAPOLIS MN 55408 | YALE 201 27TH ST E LLC | APARTMENT | $1,294,000 | 318 ft |
Most Recent Sale
Current Tax Year