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.
7 permits on record since 2021 · $23K total declared value · Most recent: Jan 2026 (res)
ACS Logistics Holdings LLC
SMITH COLE STUCCO AND STONE
Handyman Connection of Eden Prairie
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
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 |
|---|---|---|---|---|
| 3040 12TH AVE S MINNEAPOLIS MN 55407 | MARY M PIERCE | RESIDENTIAL-TWO UNIT | $408,600 | 40 ft |
| 3048 12TH AVE S MINNEAPOLIS MN 55407 | M E ERICKSON ET AL | APARTMENT | $467,000 | 50 ft |
| 3036 12TH AVE S MINNEAPOLIS MN 55407 | ALVARO RIVERA | RESIDENTIAL | $258,900 | 80 ft |
| 3032 12TH AVE S MINNEAPOLIS MN 55407 | K K LENGLING & E N PORTER | RESIDENTIAL | $200,700 | 120 ft |
| 3045 11TH AVE S MINNEAPOLIS MN 55407 | DIANE CULLUMBER | RESIDENTIAL-TWO UNIT | $376,000 | 135 ft |
| 3041 11TH AVE S MINNEAPOLIS MN 55407 | M K BROOKE & R D KINSELL | RESIDENTIAL | $199,700 | 141 ft |
| 3049 11TH AVE S MINNEAPOLIS MN 55407 | SHARON LEE SMITH | TRIPLEX | $326,800 | 144 ft |
| 3039 11TH AVE S MINNEAPOLIS MN 55407 | E L LORENZ & R A LORENZ | RESIDENTIAL | $257,800 | 158 ft |
| 3028 12TH AVE S MINNEAPOLIS MN 55407 | J CRUZ & K BLUE | RESIDENTIAL | $184,400 | 160 ft |
| 3035 11TH AVE S MINNEAPOLIS MN 55407 | A CARLSON & D C CARLSON | RESIDENTIAL | $274,500 | 181 ft |