In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
1 permit on record since 2025 · $5K total declared value · Most recent: Feb 2025 (misc)
WINDOW CONCEPTS OF MINNESOTA 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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,215 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3300 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LOWELL PRESCOTT | RESIDENTIAL | $279,000 | 60 ft |
| 3312 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | 3312 GET IT DONE LLC | LOW INCOME RENTAL | $1,054,000 | 60 ft |
| 3320 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | 3312 GET IT DONE LLC | LOW INCOME RENTAL | $1,034,000 | 120 ft |
| 3311 15TH AVE S MINNEAPOLIS MN 55407 | RENOWN RENOVATIONS LLC | RESIDENTIAL | $161,300 | 137 ft |
| 3307 15TH AVE S MINNEAPOLIS MN 55407 | RANDOLPH FRANCIS DE LA PENA | RESIDENTIAL | $166,100 | 137 ft |
| 3303 15TH AVE S MINNEAPOLIS MN 55407 | MARGARET FLOOD | RESIDENTIAL | $221,700 | 144 ft |
| 3313 15TH AVE S MINNEAPOLIS MN 55407 | J D PEARSON & J G SCHMITT TR | RESIDENTIAL | $320,200 | 145 ft |
| 3301 15TH AVE S MINNEAPOLIS MN 55407 | A G IACOVINO & B G ANDERSON | RESIDENTIAL | $220,900 | 157 ft |
| 3321 15TH AVE S MINNEAPOLIS MN 55407 | M PC FLOOD & G PICK | RESIDENTIAL | $285,500 | 166 ft |
| 3324 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | KRISTIN REINITZ ET AL | RESIDENTIAL | $270,200 | 179 ft |
Most Recent Sale
Current Tax Year