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.
2 permits on record since 2021 · $7K total declared value · Most recent: Feb 2022 (res)
CenterPoint Energy Resource Corp
SUSTAINABLE RESOURCES CENTER 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
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 2,631 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3220 17TH AVE S MINNEAPOLIS MN 55407 | ALL PRO SPORTS LLC | RESIDENTIAL-TWO UNIT | $323,100 | 42 ft |
| 3212 17TH AVE S MINNEAPOLIS MN 55407 | MARY PATRICIA CULLEN | RESIDENTIAL-TWO UNIT | $349,600 | 42 ft |
| 3224 17TH AVE S MINNEAPOLIS MN 55407 | ANNE SAWYER | RESIDENTIAL-TWO UNIT | $327,200 | 84 ft |
| 3208 17TH AVE S MINNEAPOLIS MN 55407 | GABRIEL RAMIREZ | VACANT LAND-RESIDENTIAL | $48,000 | 84 ft |
| 3228 17TH AVE S MINNEAPOLIS MN 55407 | SCOTT WILLIAM CARLYON | RESIDENTIAL-TWO UNIT | $417,800 | 126 ft |
| 3204 17TH AVE S MINNEAPOLIS MN 55407 | KIMBERLY A AARON-LEHMAN | RESIDENTIAL | $218,500 | 126 ft |
| 3217 16TH AVE S MINNEAPOLIS MN 55407 | SHANA DOOLEY | RESIDENTIAL | $325,100 | 136 ft |
| 3211 16TH AVE S MINNEAPOLIS MN 55407 | ELNA MN LLC | RESIDENTIAL-TWO UNIT | $294,600 | 142 ft |
| 3221 16TH AVE S MINNEAPOLIS MN 55407 | ERIC STIENS | RESIDENTIAL | $289,700 | 142 ft |
| 3209 16TH AVE S MINNEAPOLIS MN 55407 | K WOODLING & M STAGNER | RESIDENTIAL | $321,900 | 160 ft |
Most Recent Sale
Current Tax Year