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.
2 permits on record since 2023 · $7K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
NMC EXTERIORS AND REMODELING
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 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 2,838 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2915 18TH AVE N MINNEAPOLIS MN 55411 | FOXRAIL REVOCABLE TRUST | RESIDENTIAL | $97,200 | 40 ft |
| 2925 18TH AVE N MINNEAPOLIS MN 55411 | RENE ROBLES | RESIDENTIAL | $194,600 | 40 ft |
| 2911 18TH AVE N MINNEAPOLIS MN 55411 | PASCAL R THOMAS | RESIDENTIAL | $269,400 | 80 ft |
| 2929 18TH AVE N MINNEAPOLIS MN 55411 | OLLIE J BISHOP | RESIDENTIAL | $216,900 | 80 ft |
| 2909 18TH AVE N MINNEAPOLIS MN 55411 | MARGUERITE W GLOVER REV TR | RESIDENTIAL | $260,300 | 120 ft |
| 2916 17TH AVE N MINNEAPOLIS MN 55411 | RAYMOND M DUFFY | RESIDENTIAL | $353,500 | 148 ft |
| 2912 17TH AVE N MINNEAPOLIS MN 55411 | NIRMAL MEKALA & ANN MEKALA | RESIDENTIAL | $304,800 | 152 ft |
| 2907 18TH AVE N MINNEAPOLIS MN 55411 | JON T HEGLAND | RESIDENTIAL | $268,400 | 160 ft |
| 1700 XERXES AVE N MINNEAPOLIS MN 55411 | B BROWN & A BROWN | RESIDENTIAL | $244,000 | 164 ft |
| 2908 17TH AVE N MINNEAPOLIS MN 55411 | RAYMOND M DUFFY | RESIDENTIAL | $191,000 | 166 ft |
Most Recent Sale
Current Tax Year