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.
5 permits on record since 2020 · $43K total declared value · Most recent: Nov 2024 (misc)
BUILT STRONG EXTERIORS LLC
BUILT STRONG EXTERIORS LLC
KAUFMAN SHEET METAL ROOFING INC
CenterPoint Energy Resource Corp
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,266 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3343 15TH AVE S MINNEAPOLIS MN 55407 | SEMMENS PROPERTIES LLC | APARTMENT | $514,000 | 40 ft |
| 3339 15TH AVE S MINNEAPOLIS MN 55407 | W A PARK & P L PARK | RESIDENTIAL | $344,100 | 80 ft |
| 3335 15TH AVE S MINNEAPOLIS MN 55407 | J A YOUNG-BURNS ET AL | RESIDENTIAL | $309,700 | 119 ft |
| 3401 15TH AVE S MINNEAPOLIS MN 55407 | JOHN B REEVES ET AL | RESIDENTIAL-TWO UNIT | $503,200 | 120 ft |
| 3346 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BETH FOREST | RESIDENTIAL | $201,500 | 136 ft |
| 3342 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JED KRISTIAN CARL ANDERSON | RESIDENTIAL | $301,200 | 142 ft |
| 3338 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | GENARO MARCATOMA | RESIDENTIAL | $189,900 | 157 ft |
| 3331 15TH AVE S MINNEAPOLIS MN 55407 | C N TOMLINSON & A E ELLISON | RESIDENTIAL | $201,000 | 159 ft |
| 3405 15TH AVE S MINNEAPOLIS MN 55407 | LYDA PULESTON | APARTMENT | $507,000 | 177 ft |
| 3334 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | T BOYD & W BOYD | RESIDENTIAL | $328,300 | 180 ft |
Current Tax Year