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 2023 · Most recent: Oct 2023 (res)
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
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 2,511 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2924 18TH AVE N MINNEAPOLIS MN 55411 | RICO E & CHARON L SCROGGINS | RESIDENTIAL | $254,200 | 40 ft |
| 2918 18TH AVE N MINNEAPOLIS MN 55411 | M IRIZARRY & P D IRIZARRY | RESIDENTIAL | $258,400 | 40 ft |
| 2916 18TH AVE N MINNEAPOLIS MN 55411 | SHIRLEY M TORRENCE | RESIDENTIAL | $253,400 | 80 ft |
| 2912 18TH AVE N MINNEAPOLIS MN 55411 | L A LEVIN & L M LEVIN | RESIDENTIAL | $208,400 | 120 ft |
| 2921 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | THOMAS WALTERS | RESIDENTIAL | $358,000 | 141 ft |
| 2927 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | LINDA LORRAINE PETERSON | RESIDENTIAL | $288,300 | 142 ft |
| 2908 18TH AVE N MINNEAPOLIS MN 55411 | PATRICK LEMMON | RESIDENTIAL | $353,100 | 159 ft |
| 2915 GOLDEN VALLEY RD MINNEAPOLIS MN 55411 | H E HAGEN-HOWE & J M HOWE | RESIDENTIAL | $365,000 | 160 ft |
| 2925 18TH AVE N MINNEAPOLIS MN 55411 | RENE ROBLES | RESIDENTIAL | $194,600 | 189 ft |
| 2919 18TH AVE N MINNEAPOLIS MN 55411 | C LAVICTOIRE & P GRONBERG | RESIDENTIAL | $319,800 | 190 ft |
Most Recent Sale
Current Tax Year