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.
3 permits on record since 2019 · $13K total declared value · Most recent: Sep 2023 (misc)
WALKER ROOFING CO
CenterPoint Energy Resource Corp
KB Service Co
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 small multifamily (2–4 units, wood frame) benchmarks for 1,356 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3452 16TH AVE S MINNEAPOLIS MN 55407 | SCOTT HARRIS & RUTH HARRIS | RESIDENTIAL | $250,400 | 35 ft |
| 3448 16TH AVE S MINNEAPOLIS MN 55407 | SHELLEY M CHINANDER | RESIDENTIAL | $272,800 | 75 ft |
| 3500 16TH AVE S MINNEAPOLIS MN 55407 | D E SIEPLINGA & A R SHAW | RESIDENTIAL | $292,800 | 94 ft |
| 3444 16TH AVE S MINNEAPOLIS MN 55407 | M J DEMBOVSKY SR ET AL | RESIDENTIAL | $280,700 | 115 ft |
| 3504 16TH AVE S MINNEAPOLIS MN 55407 | MARGARET A SCHILLER TRUST | RESIDENTIAL-TWO UNIT | $441,400 | 135 ft |
| 1532 35TH ST E MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | RESIDENTIAL | $583,000 | 136 ft |
| 3453 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | COMMERCIAL-PREFERRED | $630,000 | 140 ft |
| 3440 16TH AVE S MINNEAPOLIS MN 55407 | MORIAH BRIERLEY | RESIDENTIAL | $367,300 | 155 ft |
| 3449 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | COMMERCIAL-PREFERRED | $434,000 | 155 ft |
| 3508 16TH AVE S MINNEAPOLIS MN 55407 | ADAM KAMINSKY & MEGAN BRUCE | RESIDENTIAL | $313,900 | 174 ft |
Most Recent Sale
Current Tax Year