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.
2 permits on record since 2025 · Most recent: Jun 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 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 3,058 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2941 FREMONT AVE N MINNEAPOLIS MN 55411 | JOEL MATEO ALVARADO | RESIDENTIAL-TWO UNIT | $228,800 | 45 ft |
| 2935 FREMONT AVE N MINNEAPOLIS MN 55411 | SARAH M KIEFER | RESIDENTIAL | $237,000 | 45 ft |
| 2947 FREMONT AVE N MINNEAPOLIS MN 55411 | WILLIAM J KAESS | RESIDENTIAL-TWO UNIT | $175,000 | 90 ft |
| 2931 FREMONT AVE N MINNEAPOLIS MN 55411 | GAVIN WINKLER | RESIDENTIAL | $266,000 | 97 ft |
| 2938 GIRARD AVE N MINNEAPOLIS MN 55411 | T G LOPEZ/E M M CASTELLANOS | RESIDENTIAL | $156,400 | 139 ft |
| 2949 FREMONT AVE N MINNEAPOLIS MN 55411 | A A RAZZAAQ & D JEFFERSON | RESIDENTIAL | $126,000 | 141 ft |
| 2934 GIRARD AVE N MINNEAPOLIS MN 55411 | SUDI MOHAMUD | RESIDENTIAL | $347,000 | 145 ft |
| 2942 GIRARD AVE N MINNEAPOLIS MN 55411 | C GRANI, K GRANI & C SPICZKA | RESIDENTIAL | $270,000 | 147 ft |
| 1311 30TH AVE N MINNEAPOLIS MN 55411 | MNSF T2 SPE LLC | RESIDENTIAL | $318,000 | 153 ft |
| 2923 FREMONT AVE N MINNEAPOLIS MN 55411 | ALFRED J BABINGTON-JOHNSON | RESIDENTIAL | $262,500 | 158 ft |
Most Recent Sale
Current Tax Year