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.
2 permits on record since 2017 · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
SODERLIN PLUMBING HEATING AND AIR
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 3,799 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| MN | Unknown | — | — | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $113,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $113,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $92,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $92,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $73,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $73,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $113,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $126,000 | 0 ft |
| 1220 POWDERHORN TER MINNEAPOLIS MN 55407 | CLEARVIEW CO-OP | COOPERATIVE HOUSING | $92,000 | 0 ft |
Current Tax Year