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.
6 permits on record since 2020 · $32K total declared value · Most recent: Dec 2025 (existres)
Metro Heating & Cooling LLC
STORM GROUP ROOFING LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
EXTERIORS UNLIMITED 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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3011 11TH AVE S MINNEAPOLIS MN 55407 | CORNERSTONE INVESTMENTS INC | VACANT LAND-RESIDENTIAL | $24,000 | 38 ft |
| 3019 11TH AVE S MINNEAPOLIS MN 55407 | 3019 11TH LLC | APARTMENT | $1,145,000 | 57 ft |
| 1105 LAKE ST E MINNEAPOLIS MN 55407 | CORNERSTONE INVESTMENTS INC | COMMERCIAL-PREFERRED | $419,000 | 104 ft |
| 1111 LAKE ST E MINNEAPOLIS MN 55407 | ABSOLUTE TRANSMISSION ET AL | COMMERCIAL-PREFERRED | $294,000 | 112 ft |
| 3021 11TH AVE S MINNEAPOLIS MN 55407 | J SIELING/D S DITTBERNER | RESIDENTIAL-TWO UNIT | $412,900 | 119 ft |
| 1115 LAKE ST E MINNEAPOLIS MN 55407 | CORNERSTONE INVESTMENTS INC | LAND-COMMERCIAL | $84,100 | 131 ft |
| 3010 12TH AVE S MINNEAPOLIS MN 55407 | LUL PROPERTIES LLC | VACANT LAND-RESIDENTIAL | $32,000 | 131 ft |
| 3016 12TH AVE S MINNEAPOLIS MN 55407 | OSMAN & LUL PROPERTIES LLC | RESIDENTIAL | $247,000 | 145 ft |
| 1119 LAKE ST E MINNEAPOLIS MN 55407 | LUL BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $445,000 | 159 ft |
| 3025 11TH AVE S MINNEAPOLIS MN 55407 | N D POLICARD & H M DAVIS | RESIDENTIAL-TWO UNIT | $349,500 | 165 ft |