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 · Most recent: Nov 2020 (res)
Warners Stellian Co Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Powderhorn Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 2,308 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3049 16TH AVE S MINNEAPOLIS MN 55407 | PATRICIA SOYDANSER | RESIDENTIAL | $205,700 | 41 ft |
| 3045 16TH AVE S MINNEAPOLIS MN 55407 | C V PANGLE & R L WOOD | RESIDENTIAL | $317,500 | 82 ft |
| 3101 16TH AVE S MINNEAPOLIS MN 55407 | CLINTON JAMES ROONEY | LOW INCOME RENTAL | $323,400 | 104 ft |
| 1611 31ST ST E MINNEAPOLIS MN 55407 | SERA KOROGLU | RESIDENTIAL | $218,700 | 111 ft |
| 3041 16TH AVE S MINNEAPOLIS MN 55407 | ESPERANZA LAZO | RESIDENTIAL | $277,200 | 123 ft |
| 3052 17TH AVE S MINNEAPOLIS MN 55407 | ALICE A GILLIE | RESIDENTIAL-TWO UNIT | $340,400 | 136 ft |
| 1615 31ST ST E MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $203,500 | 140 ft |
| 3048 17TH AVE S MINNEAPOLIS MN 55407 | MAIA GUERRERO-COMBS | RESIDENTIAL | $493,000 | 142 ft |
| MN | Unknown | — | — | 146 ft |
| MN | Unknown | — | — | 146 ft |
Most Recent Sale
Current Tax Year