In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
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
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 |
|---|---|---|---|---|
| 3045 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | AMERICAN SQUARE WEST LLC | COMMERCIAL-PREFERRED | $1,167,000 | 87 ft |
| 3044 16TH AVE S MINNEAPOLIS MN 55407 | GRACE M BIRNSTENGEL | RESIDENTIAL | $294,200 | 154 ft |
| 3048 16TH AVE S MINNEAPOLIS MN 55407 | SUSANNA CLAIRE MAVITY | RESIDENTIAL | $292,700 | 175 ft |
| 3020 16TH AVE S MINNEAPOLIS MN 55407 | PPL LAKE AND BLOOM LP | LOW INCOME RENTAL | $5,533,000 | 184 ft |
| 3042 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MAS HOLDINGS LLC | COMMERCIAL-PREFERRED | $594,000 | 201 ft |
| 3052 16TH AVE S MINNEAPOLIS MN 55407 | E M VILLASENOR/J P TENORIO | RESIDENTIAL | $266,600 | 203 ft |
| 3046 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | D V P MERCHAN/M S YUQUILIMA | RESIDENTIAL-TWO UNIT | $268,200 | 205 ft |
| 3038 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ALLIANCE HOUSING INC | LOW INCOME RENTAL | $337,100 | 206 ft |
| 3048 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LUX GROUP LLC | COMMERCIAL-PREFERRED | $415,000 | 213 ft |
| 3034 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $244,400 | 219 ft |