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.
3 permits on record since 2017 · $15K total declared value · Most recent: Oct 2023 (misc)
Hail Experts Inc
CENTERPOINT ENERGY
MN PLUMBING AND APPLIANCES
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1257
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 2,861 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2946 OLIVER AVE N MINNEAPOLIS MN 55411 | TC HABITAT FOR HUMANITY INC | RESIDENTIAL | $364,000 | 43 ft |
| 2954 OLIVER AVE N MINNEAPOLIS MN 55411 | 2954 OLIVER AVE LLC | RESIDENTIAL-TWO UNIT | $285,700 | 43 ft |
| 2942 OLIVER AVE N MINNEAPOLIS MN 55411 | OB&M LLC | RESIDENTIAL | $147,000 | 85 ft |
| 2938 OLIVER AVE N MINNEAPOLIS MN 55411 | TRACY A GUNDERSON | RESIDENTIAL | $227,800 | 128 ft |
| 2951 NEWTON AVE N MINNEAPOLIS MN 55411 | N R MEDINA & L J E MEDINA | RESIDENTIAL | $272,600 | 139 ft |
| 2955 NEWTON AVE N MINNEAPOLIS MN 55411 | WINGS FINANCIAL CREDIT UNION | RESIDENTIAL | $185,400 | 145 ft |
| 2947 NEWTON AVE N MINNEAPOLIS MN 55411 | JEANETTA T HALL | RESIDENTIAL | $197,300 | 146 ft |
| 2122 30TH AVE N MINNEAPOLIS MN 55411 | SHENYENG VANG | RESIDENTIAL | $154,000 | 148 ft |
| 2112 30TH AVE N MINNEAPOLIS MN 55411 | DAMEON M HENDERSON | RESIDENTIAL-TWO UNIT | $316,100 | 163 ft |
| 2943 NEWTON AVE N MINNEAPOLIS MN 55411 | JULIAN DE LEON GUERRERO | RESIDENTIAL | $128,200 | 164 ft |
Most Recent Sale
Current Tax Year