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.
No permits found in Minneapolis open data for this parcel.
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 3,839 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3222 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | STEVEN V VEIT | COMMERCIAL-PREFERRED | $393,000 | 48 ft |
| 3234 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | M MACKAMAN & B AMELANG | RESIDENTIAL | $221,700 | 54 ft |
| 3218 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | EQUITRON HOLDINGS LLC | COMMERCIAL-PREFERRED | $394,000 | 85 ft |
| 3238 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | JOAN S WILSON REVOC TRUST | RESIDENTIAL-TWO UNIT | $346,600 | 102 ft |
| 3231 15TH AVE S MINNEAPOLIS MN 55407 | ABDIRAHMAN I HUSSEIN ET AL | RESIDENTIAL | $366,500 | 137 ft |
| 3227 15TH AVE S MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $159,000 | 138 ft |
| 3242 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | REBECCA ANN JOHNSON | RESIDENTIAL-TWO UNIT | $335,800 | 148 ft |
| 3225 15TH AVE S MINNEAPOLIS MN 55407 | P CIERNIA & B HYNES CIERNIA | RESIDENTIAL | $279,800 | 149 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | JOHN T MOORE | RESIDENTIAL | $90,200 | 151 ft |
| 3237 15TH AVE S MINNEAPOLIS MN 55407 | KELSEY M BROWN | CONDOMINIUM | $90,200 | 151 ft |
Current Tax Year