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.
No permits found in Minneapolis open data for this parcel.
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.
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 |
|---|---|---|---|---|
| 12 LAKE ST E MINNEAPOLIS MN 55408 | NICO PROPERTIES III LLC | LAND - INDUSTRIAL | $97,000 | 118 ft |
| 112 LAKE ST E MINNEAPOLIS MN 55408 | B2B INVESTMENT GROUP LLC | LOW INCOME RENTAL | $1,932,000 | 140 ft |
| 106 LAKE ST E MINNEAPOLIS MN 55408 | B2B INVESTMENT GROUP LLC | LAND-COMMERCIAL | $162,200 | 169 ft |
| 2929 1ST AVE S MINNEAPOLIS MN 55408 | NICO PROPERTIES I LLC | INDUSTRIAL-PREFERRED | $5,305,000 | 213 ft |
| 102 LAKE ST E MINNEAPOLIS MN 55408 | ATLAS GROUP LLC | LAND-COMMERCIAL | $167,100 | 217 ft |
| 115 LAKE ST E MINNEAPOLIS MN 55408 | NHUE HUND HA | COMMERCIAL-PREFERRED | $900,000 | 363 ft |
| 2901 NICOLLET AVE MINNEAPOLIS MN 55408 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 404 ft |
| 111 LAKE ST E MINNEAPOLIS MN 55408 | JFS 111 LAKE STREET LLC | COMMERCIAL-PREFERRED | $1,500,000 | 428 ft |
| 2933 2ND AVE S MINNEAPOLIS MN 55408 | DANIEL J LUTSEY ET AL | RESIDENTIAL | $149,000 | 513 ft |
| 2937 2ND AVE S MINNEAPOLIS MN 55408 | ROSALYN J PACHECO | RESIDENTIAL | $250,500 | 514 ft |