In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 2019 · $8K total declared value · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
KAUFMAN SHEET METAL ROOFING INC
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
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 46 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3404 17TH AVE S MINNEAPOLIS MN 55407 | DUANE PETERSON/SUSAN HAGLER | RESIDENTIAL-TWO UNIT | $401,500 | 56 ft |
| 3400 17TH AVE S MINNEAPOLIS MN 55407 | JEFFREY M KEALY | RESIDENTIAL-TWO UNIT | $348,100 | 61 ft |
| 3408 17TH AVE S MINNEAPOLIS MN 55407 | ROBIN A BRANDT | RESIDENTIAL | $276,100 | 88 ft |
| 3401 16TH AVE S MINNEAPOLIS MN 55407 | BRUCE OWNBEY | RESIDENTIAL | $628,000 | 95 ft |
| 3405 16TH AVE S MINNEAPOLIS MN 55407 | S B ELLSTRA & C M ELLSTRA | RESIDENTIAL | $356,500 | 102 ft |
| 3409 16TH AVE S MINNEAPOLIS MN 55407 | LINDA R HAFEMEISTER | RESIDENTIAL | $370,900 | 122 ft |
| 1614 34TH ST E MINNEAPOLIS MN 55407 | ANDREW JAMES MEURER | RESIDENTIAL | $247,400 | 124 ft |
| 3412 17TH AVE S MINNEAPOLIS MN 55407 | NOAH EXUM | RESIDENTIAL | $228,200 | 125 ft |
| 3346 17TH AVE S MINNEAPOLIS MN 55407 | STEPHEN KUNG | RESIDENTIAL-TWO UNIT | $380,300 | 137 ft |
| 3415 16TH AVE S MINNEAPOLIS MN 55407 | KATHRYN L HANSEN | RESIDENTIAL | $215,500 | 151 ft |
Most Recent Sale
Current Tax Year