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 2021 · Most recent: Nov 2021 (existres)
Hoffman Refrigeration and Heating Ltd
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 1016
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 2,641 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 602 29TH AVE N MINNEAPOLIS MN 55411 | JANET L NELSON | RESIDENTIAL | $147,000 | 55 ft |
| 2915 6TH ST N MINNEAPOLIS MN 55411 | CHEENUE YANG | RESIDENTIAL | $180,900 | 64 ft |
| 610 29TH AVE N MINNEAPOLIS MN 55411 | H MOHAMED & A AHMED | RESIDENTIAL | $252,400 | 87 ft |
| 2917 6TH ST N MINNEAPOLIS MN 55411 | HALIMA HERSI ABDI & ABU WALI | RESIDENTIAL | $271,100 | 115 ft |
| 430 29TH AVE N MINNEAPOLIS MN 55411 | EDISSON F CHAVEZ GUAMAN | RESIDENTIAL | $199,800 | 134 ft |
| 618 29TH AVE N MINNEAPOLIS MN 55411 | MIGDALIA DOMINGUEZ | RESIDENTIAL | $263,400 | 143 ft |
| 2923 6TH ST N MINNEAPOLIS MN 55411 | SHAUNTEL BEASLEY | RESIDENTIAL-ZERO LOT LINE | $155,900 | 154 ft |
| 426 29TH AVE N MINNEAPOLIS MN 55411 | D E & M W LUCE | RESIDENTIAL-TWO UNIT | $215,300 | 159 ft |
| 2925 6TH ST N MINNEAPOLIS MN 55411 | SHAUNTEL BEASLEY | RESIDENTIAL-ZERO LOT LINE | $154,700 | 181 ft |
| 422 29TH AVE N MINNEAPOLIS MN 55411 | D R SWANSON/D A SWANSON | RESIDENTIAL-TWO UNIT | $259,200 | 199 ft |
Most Recent Sale
Current Tax Year