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.
9 permits on record since 2017 · $68K total declared value · Most recent: Oct 2024 (misc)
EVERLASTING HOMES INC
EVERLASTING HOMES INC
Jade Remodeling LLC
Standard Heating and Air Conditioning Inc
Air Rite Mechanical Systems 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 2,769 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3044 10TH AVE S MINNEAPOLIS MN 55407 | C A S BUSHMAN & B BUSHMAN | RESIDENTIAL | $371,000 | 42 ft |
| 3052 10TH AVE S MINNEAPOLIS MN 55407 | DAVID TAUER | RESIDENTIAL | $395,900 | 43 ft |
| 3040 10TH AVE S MINNEAPOLIS MN 55407 | ROBERT SYDNEY RAYFIELD | RESIDENTIAL | $269,400 | 84 ft |
| 3036 10TH AVE S MINNEAPOLIS MN 55407 | EMILY J KASTRUL | RESIDENTIAL | $226,000 | 126 ft |
| 3049 ELLIOT AVE MINNEAPOLIS MN 55407 | N PILAND & C GONZALES | RESIDENTIAL | $352,400 | 140 ft |
| 3100 10TH AVE S MINNEAPOLIS MN 55407 | 3100 10TH AVENUE LLC | APARTMENT | $438,000 | 145 ft |
| 3055 ELLIOT AVE MINNEAPOLIS MN 55407 | SARAH GREENFIELD | RESIDENTIAL | $379,100 | 146 ft |
| 3043 ELLIOT AVE MINNEAPOLIS MN 55407 | PASTOR SANCHEZ MALDONADO | RESIDENTIAL-TWO UNIT | $303,300 | 147 ft |
| 3041 ELLIOT AVE MINNEAPOLIS MN 55407 | ALINA YAMAN & ERIN WEST | RESIDENTIAL | $299,400 | 164 ft |
| 3032 10TH AVE S MINNEAPOLIS MN 55407 | ALONDRA ESPEJEL | RESIDENTIAL | $246,900 | 168 ft |
Most Recent Sale
Current Tax Year