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 2017 · $15K total declared value · Most recent: Apr 2022 (res)
CenterPoint Energy Resource Corp
TRUNORTH SOLAR
WONDERFUL HOME BUILDERS LLC
HEALTHY HOMES LLC
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 2,611 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3452 10TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 39 ft |
| 3442 10TH AVE S MINNEAPOLIS MN 55407 | SARAH NEWBOLD WILSON TRUST | RESIDENTIAL | $360,900 | 50 ft |
| 3458 10TH AVE S MINNEAPOLIS MN 55407 | BEVERLY A DENMAN | RESIDENTIAL | $350,000 | 78 ft |
| 3438 10TH AVE S MINNEAPOLIS MN 55407 | CHANCE MICHAEL RITCHIE | TRIPLEX | $453,300 | 100 ft |
| 3434 10TH AVE S MINNEAPOLIS MN 55407 | ROBERT & SUSAN MARKS-KERST | RESIDENTIAL | $317,400 | 140 ft |
| 3451 ELLIOT AVE MINNEAPOLIS MN 55407 | JEFFREY L SARTWELL | RESIDENTIAL-TWO UNIT | $378,000 | 140 ft |
| 3445 ELLIOT AVE MINNEAPOLIS MN 55407 | LUCIA DUTRA | VACANT LAND-RESIDENTIAL | $64,000 | 141 ft |
| 3455 ELLIOT AVE MINNEAPOLIS MN 55407 | R J SPRATT & K R RUSH | RESIDENTIAL | $380,700 | 147 ft |
| 3441 ELLIOT AVE MINNEAPOLIS MN 55407 | T M ANDERSON & E S ANDERSON | RESIDENTIAL | $319,000 | 152 ft |
| 3457 ELLIOT AVE MINNEAPOLIS MN 55407 | 316 PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $328,300 | 161 ft |
Most Recent Sale
Current Tax Year