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.
3 permits on record since 2020 · $5K total declared value · Most recent: Feb 2024 (existres)
BOEHM HEATING
Cristian prada
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 2,224 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3052 15TH AVE S MINNEAPOLIS MN 55407 | M O'HARA & M GAWRYK | VACANT LAND-RESIDENTIAL | $9,000 | 32 ft |
| 3046 15TH AVE S MINNEAPOLIS MN 55407 | F J GREICO/M HAYES-GREICO | RESIDENTIAL | $237,400 | 35 ft |
| 3054 15TH AVE S MINNEAPOLIS MN 55407 | M O'HARA & M GAWRYK | RESIDENTIAL | $355,700 | 62 ft |
| 3042 15TH AVE S MINNEAPOLIS MN 55407 | SIBET RENOVATIONS LLC | RESIDENTIAL | $224,200 | 81 ft |
| 3036 15TH AVE S MINNEAPOLIS MN 55407 | MARIA LUISA CARPIO-CARPIO | RESIDENTIAL-TWO UNIT | $369,900 | 131 ft |
| 3053 14TH AVE S MINNEAPOLIS MN 55407 | VU PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $283,500 | 139 ft |
| 3047 14TH AVE S MINNEAPOLIS MN 55407 | AISHA UPTON AZZAM/A T AZZAM | RESIDENTIAL | $252,400 | 144 ft |
| 3057 14TH AVE S MINNEAPOLIS MN 55407 | MN ASSIST COUNCIL/VETERANS | APARTMENT | $0 | 148 ft |
| 3043 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 158 ft |
| 3100 15TH AVE S MINNEAPOLIS MN 55407 | MAIMOUNA COULIBALY | RESIDENTIAL-TWO UNIT | $291,500 | 161 ft |
Most Recent Sale
Current Tax Year