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 2022 · $17K total declared value · Most recent: Sep 2023 (misc)
American Roofing & Siding
CenterPoint Energy Resource Corp
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 |
|---|---|---|---|---|
| 3115 13TH AVE S MINNEAPOLIS MN 55407 | ROSA GEORGINA LEMA SIBRE | RESIDENTIAL | $248,700 | 35 ft |
| 3105 13TH AVE S MINNEAPOLIS MN 55407 | WANDA L HOLMBOE | RESIDENTIAL | $240,400 | 35 ft |
| 3101 13TH AVE S MINNEAPOLIS MN 55407 | JORGE ROMERO | RESIDENTIAL | $206,000 | 70 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK COOPERATIVE | COOPERATIVE HOUSING | $2,067,000 | 129 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $98,000 | 129 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $189,000 | 129 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $104,000 | 129 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $111,000 | 129 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $89,000 | 129 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $80,000 | 129 ft |
Most Recent Sale
Current Tax Year