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 · Most recent: Jan 2023 (res)
B and D Plumbing Heating and A/C Inc
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 4,443 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3039 14TH AVE S MINNEAPOLIS MN 55407 | KARLY R TURNER | RESIDENTIAL | $238,100 | 46 ft |
| 3027 14TH AVE S MINNEAPOLIS MN 55407 | BRENDA M SHORT | RESIDENTIAL | $191,000 | 53 ft |
| 3041 14TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $178,600 | 76 ft |
| 3021 14TH AVE S MINNEAPOLIS MN 55407 | W L RESER & A L HILL | RESIDENTIAL | $248,500 | 97 ft |
| 3043 14TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 110 ft |
| 3030 15TH AVE S MINNEAPOLIS MN 55407 | BRENT A RUSSELL | RESIDENTIAL-TWO UNIT | $250,300 | 140 ft |
| 3034 15TH AVE S MINNEAPOLIS MN 55407 | MARIA LUISA CARPIO-CARPIO | VACANT LAND-RESIDENTIAL | $13,000 | 140 ft |
| 3026 15TH AVE S MINNEAPOLIS MN 55407 | S BILLMEIER/D FARIAS-ARMENTA | RESIDENTIAL-TWO UNIT | $296,900 | 146 ft |
| 3047 14TH AVE S MINNEAPOLIS MN 55407 | AISHA UPTON AZZAM/A T AZZAM | RESIDENTIAL | $252,400 | 148 ft |
| 3036 15TH AVE S MINNEAPOLIS MN 55407 | MARIA LUISA CARPIO-CARPIO | RESIDENTIAL-TWO UNIT | $369,900 | 149 ft |
Most Recent Sale
Current Tax Year