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 2017 · $27K total declared value · Most recent: May 2026 (accessory)
Rhamy Magid
Standard Heating and Air Conditioning Inc
CenterPoint Energy Resource Corp
KAUFMAN SHEET METAL ROOFING INC
WOODLAND STOVES & FIREPLACES
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 |
|---|---|---|---|---|
| 3410 ELLIOT AVE MINNEAPOLIS MN 55407 | AMY MILLER & DARIN CARR | RESIDENTIAL | $333,800 | 40 ft |
| 3400 ELLIOT AVE MINNEAPOLIS MN 55407 | JT'S ADVENTURE LLC | APARTMENT | $460,000 | 45 ft |
| 3414 ELLIOT AVE MINNEAPOLIS MN 55407 | VALENTINA MEJIA ET AL | RESIDENTIAL-TWO UNIT | $307,700 | 80 ft |
| 3418 ELLIOT AVE MINNEAPOLIS MN 55407 | SAMI GHANDOUR & IVY GHANDOUR | RESIDENTIAL | $254,500 | 120 ft |
| 3405 CHICAGO AVE MINNEAPOLIS MN 55407 | INVESTORS CAPITAL LLC | COMMERCIAL-PREFERRED | $660,000 | 137 ft |
| 3401 CHICAGO AVE MINNEAPOLIS MN 55407 | 3401 CHICAGO LLC | COMMERCIAL-PREFERRED | $437,000 | 145 ft |
| 3422 ELLIOT AVE MINNEAPOLIS MN 55407 | PAULA W MEDLOCK | RESIDENTIAL | $304,200 | 160 ft |
| 3417 CHICAGO AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $389,900 | 165 ft |
| 3405 ELLIOT AVE MINNEAPOLIS MN 55407 | A TINBERG & G M WACHUTKA | APARTMENT | $422,000 | 182 ft |
| 3411 ELLIOT AVE MINNEAPOLIS MN 55407 | REX L ROGERS | RESIDENTIAL-TWO UNIT | $400,800 | 187 ft |