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 · $12K total declared value · Most recent: Apr 2026 (misc)
TODAYS EXTERIORS INC
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 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,527 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3149 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | WILLIAM SHELDON CLARK | VACANT LAND-RESIDENTIAL | $35,000 | 43 ft |
| 3145 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BANKEN HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $326,900 | 85 ft |
| 1536 32ND ST E MINNEAPOLIS MN 55407 | KYLE L BOYES | RESIDENTIAL | $268,200 | 104 ft |
| 3143 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C M JUUL & S M SCOTLAND | RESIDENTIAL | $306,500 | 127 ft |
| 3201 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $427,800 | 133 ft |
| 3148 16TH AVE S MINNEAPOLIS MN 55407 | ANNA M REVOLINSKI | RESIDENTIAL | $438,700 | 149 ft |
| 3144 16TH AVE S MINNEAPOLIS MN 55407 | DARRELL E JOHNSON | RESIDENTIAL | $254,800 | 160 ft |
| 3137 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BLIA P VANG | RESIDENTIAL | $261,000 | 169 ft |
| 3140 16TH AVE S MINNEAPOLIS MN 55407 | MADISON AVENUE HOMES LLC | LOW INCOME RENTAL | $330,300 | 186 ft |
| 3200 16TH AVE S MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $426,200 | 188 ft |
Current Tax Year