The Redwell
1020 North Third Street, Minneapolis, Minnesota 55401
🟢 Future Pipeline
The Redwell is a 109-unit multifamily property located at 1020 North Third Street in Minneapolis, Minnesota 55401. Placed in service in 2020 under the LIHTC program, its 15-year compliance period expires in 2035.
Year-15 Compliance Timeline
LONG-TERM COMPLIANCEPlaced in Service
2020
Current Year
2026
Expiration
2035
2020
2023
2026
2029
2032
2035
📊
Compliance expires in 9 years
This property has significant time remaining on its compliance period. Compliance data is being tracked for informational purposes.
Compliance Period
15 Years
Years Elapsed
6 / 15
Years Until
9
Property Overview
HUD IDMNB20200007
Year Placed in Service2020
Year-15 Expiration2035
Acquisition Status🟢 Future Pipeline
Unit Breakdown
Total Units109
Low-Income Units109
Low-Income Ratio100%
2022 Tenant Profile
HUD Property-Level Data · Source: HUD LIHTC
Race & Ethnicity of Head of Household
White0%
Black / African American91%
Asian0%
Am. Indian / Alaska Native0%
Hawaiian / Pacific Islander0%
Other / Multi-racial0%
Household Composition
With Children0%
Elderly 62+95%
Head 62+95%
Disability Status
Units with ≥1 Disabled Member19%
Household Size at Certification
Actual = Certified size100%
Actual < Certified size0%
Actual > Certified size0%
2022 HUD Tenant-Level Data — values <11 masked per HUD non-disclosure rules