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.
4 permits on record since 2022 · $30K total declared value · Most recent: Oct 2024 (misc)
SELA ROOFING AND REMODELING INC
RIVERVIEW WINDOW INC
CenterPoint Energy Resource Corp
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 2 — moderate-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 2,322 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3104 ELLIOT AVE MINNEAPOLIS MN 55407 | KATHERINE M KIPLING | RESIDENTIAL | $391,000 | 40 ft |
| 3108 ELLIOT AVE MINNEAPOLIS MN 55407 | ARIEL J PRAIRIE | TRIPLEX | $478,100 | 80 ft |
| 3052 ELLIOT AVE MINNEAPOLIS MN 55407 | ALEXANDER THEIS | RESIDENTIAL | $421,800 | 103 ft |
| 3112 ELLIOT AVE MINNEAPOLIS MN 55407 | WILLIAM ZORILLA | RESIDENTIAL-TWO UNIT | $403,400 | 120 ft |
| 3046 ELLIOT AVE MINNEAPOLIS MN 55407 | JOSE SIMON MOROCHO BARRETO | RESIDENTIAL | $488,900 | 145 ft |
| 3101 CHICAGO AVE MINNEAPOLIS MN 55407 | MT OLIVET LUTH CH OF MPLS | LAND-COMMERCIAL | $0 | 149 ft |
| 3116 ELLIOT AVE MINNEAPOLIS MN 55407 | THOMAS A & JESSICA E MUELLER | RESIDENTIAL | $311,000 | 161 ft |
| 3101 ELLIOT AVE MINNEAPOLIS MN 55407 | M RANDALL & L WININGER | RESIDENTIAL | $351,800 | 184 ft |
| 3044 ELLIOT AVE MINNEAPOLIS MN 55407 | JAMES MIERNICKI | LOW INCOME RENTAL | $349,000 | 187 ft |
| 3105 ELLIOT AVE MINNEAPOLIS MN 55407 | JESSICA LOPEZ LYMAN | RESIDENTIAL-TWO UNIT | $358,000 | 189 ft |
Most Recent Sale
Current Tax Year