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.
1 permit on record since 2020 · $3K total declared value · Most recent: Jul 2020 (remodel)
James W Swenson
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Lyndale · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 82
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 sfr / adu benchmarks for 1,188 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3301 GRAND AVE S MINNEAPOLIS MN 55408 | JON W BRANDT | APARTMENT | $743,100 | 65 ft |
| 3305 GRAND AVE S MINNEAPOLIS MN 55408 | JOSEPH WAIDELICH | RESIDENTIAL-TWO UNIT | $359,900 | 66 ft |
| 3309 GRAND AVE S MINNEAPOLIS MN 55408 | JULIE BECKER | RESIDENTIAL | $374,700 | 78 ft |
| 3300 PLEASANT AVE MINNEAPOLIS MN 55408 | REBEKAH ONGSTAD | RESIDENTIAL | $343,400 | 94 ft |
| 3304 PLEASANT AVE MINNEAPOLIS MN 55408 | M TRAVIS & D LOPRETO | RESIDENTIAL | $388,500 | 94 ft |
| 3308 PLEASANT AVE MINNEAPOLIS MN 55408 | BRANDI BENNETT | RESIDENTIAL | $338,700 | 112 ft |
| 3315 GRAND AVE S MINNEAPOLIS MN 55408 | KAGAN RIEDEL & SIRI PRESTON | RESIDENTIAL | $333,700 | 116 ft |
| 308 33RD ST W MINNEAPOLIS MN 55408 | D J GRAMANN | RESIDENTIAL | $356,000 | 135 ft |
| 3312 PLEASANT AVE MINNEAPOLIS MN 55408 | ABJM ENTERPRISES LLC | APARTMENT | $747,000 | 140 ft |
| 312 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL CARUS | RESIDENTIAL | $281,200 | 146 ft |
Current Tax Year