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.
5 permits on record since 2014 · $322K total declared value · Most recent: Oct 2025 (remodel)
POWERFULLY GREEN LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Go Solar Installs
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Central · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 83
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,141 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3316 4TH AVE S MINNEAPOLIS MN 55408 | PPL DECC LIMITED PARTNERSHIP | LOW INCOME RENTAL | $451,900 | 45 ft |
| 3324 4TH AVE S MINNEAPOLIS MN 55408 | SAFIA B HAILE | RESIDENTIAL | $372,000 | 45 ft |
| 3312 4TH AVE S MINNEAPOLIS MN 55408 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $559,000 | 90 ft |
| 3328 4TH AVE S MINNEAPOLIS MN 55408 | JUAN A ALVARADO ET AL | RESIDENTIAL | $382,000 | 90 ft |
| 3308 4TH AVE S MINNEAPOLIS MN 55408 | PPL DECC LIMITED PARTNERSHIP | LOW INCOME RENTAL | $372,600 | 136 ft |
| 3332 4TH AVE S MINNEAPOLIS MN 55408 | JOHN A STILES | LOW INCOME RENTAL | $553,000 | 136 ft |
| 3321 CLINTON AVE MINNEAPOLIS MN 55408 | JOSEPHINE BUNTON | RESIDENTIAL-TWO UNIT | $319,900 | 141 ft |
| 3317 CLINTON AVE MINNEAPOLIS MN 55408 | ALEX MEJORADA | RESIDENTIAL-TWO UNIT | $659,200 | 148 ft |
| 3325 CLINTON AVE MINNEAPOLIS MN 55408 | MOLINA-BERNAL TRUST | RESIDENTIAL-TWO UNIT | $378,400 | 148 ft |
| 3329 CLINTON AVE MINNEAPOLIS MN 55408 | JANECIA WIGGINS | RESIDENTIAL-TWO UNIT | $256,200 | 167 ft |
Most Recent Sale
Current Tax Year