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.
4 permits on record since 2019 · $10K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
MESPO HEATING AND COOLING INC
K C Julian LLC
Barr Web Industries 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
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 3,239 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1614 VINCENT AVE N MINNEAPOLIS MN 55411 | ADAM BRUMBAUGH | RESIDENTIAL | $197,000 | 46 ft |
| 1622 VINCENT AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 47 ft |
| 1610 VINCENT AVE N MINNEAPOLIS MN 55411 | MARIA C GALLO VALDIVIA | RESIDENTIAL | $185,000 | 93 ft |
| 1626 VINCENT AVE N MINNEAPOLIS MN 55411 | LILLIAN COLLINS-RENELUS ETAL | RESIDENTIAL | $222,000 | 93 ft |
| 1606 VINCENT AVE N MINNEAPOLIS MN 55411 | DANIIL YESYUKOV | RESIDENTIAL | $230,000 | 139 ft |
| 1619 UPTON AVE N MINNEAPOLIS MN 55411 | CAROL JEANNE PEIRCE | RESIDENTIAL | $240,200 | 142 ft |
| 1623 UPTON AVE N MINNEAPOLIS MN 55411 | TIFFANY DUNN | RESIDENTIAL | $121,000 | 149 ft |
| 1615 UPTON AVE N MINNEAPOLIS MN 55411 | HAZAELEE SELLERS | RESIDENTIAL | $386,600 | 150 ft |
| 1630 VINCENT AVE N MINNEAPOLIS MN 55411 | WILFRED & FATIMA HOLLAND | RESIDENTIAL | $308,300 | 163 ft |
| 1627 UPTON AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 170 ft |
Most Recent Sale
Current Tax Year