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 · $19K total declared value · Most recent: Jun 2025 (misc)
BUILT STRONG EXTERIORS LLC
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
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 2,605 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3108 10TH AVE S MINNEAPOLIS MN 55407 | L O PAUCAR & D E S LLANGARI | RESIDENTIAL | $331,500 | 39 ft |
| 3100 10TH AVE S MINNEAPOLIS MN 55407 | 3100 10TH AVENUE LLC | APARTMENT | $438,000 | 40 ft |
| 3112 10TH AVE S MINNEAPOLIS MN 55407 | E MORGAN THORSON | RESIDENTIAL | $297,100 | 79 ft |
| 3116 10TH AVE S MINNEAPOLIS MN 55407 | DAVID B CROSS | RESIDENTIAL | $351,100 | 120 ft |
| 3105 ELLIOT AVE MINNEAPOLIS MN 55407 | JESSICA LOPEZ LYMAN | RESIDENTIAL-TWO UNIT | $358,000 | 140 ft |
| 3052 10TH AVE S MINNEAPOLIS MN 55407 | DAVID TAUER | RESIDENTIAL | $395,900 | 143 ft |
| 3109 ELLIOT AVE MINNEAPOLIS MN 55407 | ELLIOT PLACE LLC | TRIPLEX | $397,900 | 146 ft |
| 3101 ELLIOT AVE MINNEAPOLIS MN 55407 | M RANDALL & L WININGER | RESIDENTIAL | $351,800 | 147 ft |
| 3120 10TH AVE S MINNEAPOLIS MN 55407 | E S WRIGHT & A E GRAHAM | RESIDENTIAL | $364,200 | 160 ft |
| 3115 ELLIOT AVE MINNEAPOLIS MN 55407 | SHU PING TEOH/KHAI HONG LIM | RESIDENTIAL-TWO UNIT | $285,600 | 166 ft |
Most Recent Sale
Current Tax Year