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 2023 · $15K total declared value · Most recent: Sep 2023 (misc)
American Roofing & Siding
Hero Home Services LLC
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
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 2,096 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3104 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 35 ft |
| 3112 14TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $216,100 | 35 ft |
| 3100 14TH AVE S MINNEAPOLIS MN 55407 | JULIO V LAZO | RESIDENTIAL | $261,000 | 70 ft |
| 1324 POWDERHORN TER MINNEAPOLIS MN 55407 | MARGOT A BASSETT SILVER | RESIDENTIAL | $314,800 | 132 ft |
| 1308 POWDERHORN TER MINNEAPOLIS MN 55407 | POWDERHORN TERRACE EAST LLC | APARTMENT | $4,175,000 | 137 ft |
| 3111 13TH AVE S MINNEAPOLIS MN 55407 | JODI VERSAW | RESIDENTIAL | $274,000 | 137 ft |
| 3115 13TH AVE S MINNEAPOLIS MN 55407 | ROSA GEORGINA LEMA SIBRE | RESIDENTIAL | $248,700 | 142 ft |
| 3105 13TH AVE S MINNEAPOLIS MN 55407 | WANDA L HOLMBOE | RESIDENTIAL | $240,400 | 142 ft |
| 3101 13TH AVE S MINNEAPOLIS MN 55407 | JORGE ROMERO | RESIDENTIAL | $206,000 | 154 ft |
| 3056 14TH AVE S MINNEAPOLIS MN 55407 | LEONARDO GUTIERREZ MILLAN | RESIDENTIAL | $293,200 | 170 ft |
Most Recent Sale
Current Tax Year