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 2019 · Most recent: Apr 2024 (res)
Appliance Connections INC
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Willard - Hay · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 27
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Residential Mixed-Use 1 — low-density mixed 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 3,084 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1619 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LD TRUST | — | $260,000 | 48 ft |
| 1631 PENN AVE N MINNEAPOLIS MN 55411 | E BERGEN & L BERGEN | RESIDENTIAL-TWO UNIT | $291,300 | 56 ft |
| 1613 PENN AVE N MINNEAPOLIS MN 55411 | ANTHONY CHARLES GONZALEZ | RESIDENTIAL | $339,000 | 98 ft |
| 1637 PENN AVE N MINNEAPOLIS MN 55411 | DARRILL B BERRY | RESIDENTIAL | $304,000 | 123 ft |
| 1611 PENN AVE N MINNEAPOLIS MN 55411 | PETER M KOENIG | RESIDENTIAL | $256,000 | 148 ft |
| 1639 PENN AVE N MINNEAPOLIS MN 55411 | JAMAL A GUY | RESIDENTIAL | $281,000 | 183 ft |
| 1620 PENN AVE N MINNEAPOLIS MN 55411 | J GUTHRUE & A C GUTHRIE | RESIDENTIAL | $443,000 | 191 ft |
| 1605 PENN AVE N MINNEAPOLIS MN 55411 | CLARINE A JOHNSON | RESIDENTIAL | $249,000 | 198 ft |
| 1614 PENN AVE N MINNEAPOLIS MN 55411 | K A DOTSON & L M DOTSON | RESIDENTIAL | $199,000 | 203 ft |
| 1626 PENN AVE N MINNEAPOLIS MN 55411 | MAI KOU YANG | RESIDENTIAL-TWO UNIT | $264,800 | 205 ft |
Most Recent Sale
Current Tax Year