ParcelLens
Property Intelligence · Twin Cities
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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 2018 · $59K total declared value · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
RAYCO CONSTRUCTION INC
RAYCO CONSTRUCTION INC
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 3,584 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $98,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $189,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK COOPERATIVE | COOPERATIVE HOUSING | $2,067,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $104,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $111,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $89,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $80,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $77,000 | 0 ft |
| 1300 POWDERHORN TER MINNEAPOLIS MN 55407 | 1300 ON THE PARK CO-OP | COOPERATIVE HOUSING | $82,000 | 0 ft |