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 · $13K total declared value · Most recent: Sep 2023 (misc)
BERKSHIRE HOME SOLUTIONS
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 4,714 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1515 VINCENT AVE N MINNEAPOLIS MN 55411 | JOSEPHINE LAVERNIA WHITE | RESIDENTIAL | $339,600 | 64 ft |
| 1507 VINCENT AVE N MINNEAPOLIS MN 55411 | M S DUMMANN/NICOLE L DUMMANN | RESIDENTIAL | $394,000 | 83 ft |
| 1519 VINCENT AVE N MINNEAPOLIS MN 55411 | MILTON HUGGINS | RESIDENTIAL | $345,400 | 117 ft |
| 1501 VINCENT AVE N MINNEAPOLIS MN 55411 | MARRY DANIELS | RESIDENTIAL-TWO UNIT | $326,200 | 165 ft |
| 1506 WASHBURN AVE N MINNEAPOLIS MN 55411 | C R RIES JR & A J J RIES | RESIDENTIAL | $452,000 | 171 ft |
| 1520 WASHBURN AVE N MINNEAPOLIS MN 55411 | C MOON & D MOON | RESIDENTIAL | $256,300 | 178 ft |
| 1510 WASHBURN AVE N MINNEAPOLIS MN 55411 | CHAD HOFLAND | RESIDENTIAL | $304,800 | 179 ft |
| 1516 VINCENT AVE N MINNEAPOLIS MN 55411 | T J WHITE & C E SCOTT | RESIDENTIAL | $440,000 | 181 ft |
| 1510 VINCENT AVE N MINNEAPOLIS MN 55411 | JENNY M BONDE & MARK R BONDE | RESIDENTIAL | $325,900 | 190 ft |
| 1520 VINCENT AVE N MINNEAPOLIS MN 55411 | RYAN M HARTSUFF/JAMIE ALMER | RESIDENTIAL | $546,200 | 190 ft |
Most Recent Sale
Current Tax Year