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 2021 · $12K total declared value · Most recent: Jun 2025 (remodel)
Innovative Basement Authority
CENTERPOINT ENERGY
Urban Pine Plumbing and Mechanical Inc
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,077 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1605 PENN AVE N MINNEAPOLIS MN 55411 | CLARINE A JOHNSON | RESIDENTIAL | $249,000 | 50 ft |
| 1611 PENN AVE N MINNEAPOLIS MN 55411 | PETER M KOENIG | RESIDENTIAL | $256,000 | 100 ft |
| 1531 PENN AVE N MINNEAPOLIS MN 55411 | DEBRA WESLEY | RESIDENTIAL-TWO UNIT | $263,300 | 109 ft |
| 1613 PENN AVE N MINNEAPOLIS MN 55411 | ANTHONY CHARLES GONZALEZ | RESIDENTIAL | $339,000 | 150 ft |
| 1525 PENN AVE N MINNEAPOLIS MN 55411 | MAYDA PERLA | RESIDENTIAL-TWO UNIT | $269,300 | 155 ft |
| 1530 QUEEN AVE N MINNEAPOLIS MN 55411 | A ABDULKARIM & O ABDULKARIM | RESIDENTIAL | $255,800 | 174 ft |
| 1602 PENN AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | APARTMENT | $0 | 200 ft |
| 1619 PENN AVE N MINNEAPOLIS MN 55411 | CITY OF LAKES COMM LD TRUST | — | $260,000 | 200 ft |
| 1521 PENN AVE N MINNEAPOLIS MN 55411 | SARAH E BIXLER | RESIDENTIAL | $261,000 | 202 ft |
| 1526 QUEEN AVE N MINNEAPOLIS MN 55411 | K T JENKINS & D JENKINS | RESIDENTIAL | $294,000 | 202 ft |
Current Tax Year