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 · $19K total declared value · Most recent: Sep 2023 (misc)
HAIL PRO LLC
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 2,648 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1407 WASHBURN AVE N MINNEAPOLIS MN 55411 | JENNY INVESTMENTS LLC | RESIDENTIAL | $271,500 | 42 ft |
| 1415 WASHBURN AVE N MINNEAPOLIS MN 55411 | ROBERT RUDELIUS | RESIDENTIAL | $360,000 | 43 ft |
| 1401 WASHBURN AVE N MINNEAPOLIS MN 55411 | P S SHEA & M E SHAW | RESIDENTIAL | $261,900 | 85 ft |
| 1419 WASHBURN AVE N MINNEAPOLIS MN 55411 | JOSIE LOWELL | RESIDENTIAL | $274,500 | 86 ft |
| 2916 14TH AVE N MINNEAPOLIS MN 55411 | IAN N KURIA | RESIDENTIAL | $280,900 | 105 ft |
| 1423 WASHBURN AVE N MINNEAPOLIS MN 55411 | CAMERON DOUGLAS LANDSTEINER | RESIDENTIAL | $227,000 | 131 ft |
| 2920 14TH AVE N MINNEAPOLIS MN 55411 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 145 ft |
| 1414 XERXES AVE N MINNEAPOLIS MN 55411 | TANNER PODZIMEK | RESIDENTIAL | $403,000 | 157 ft |
| 1427 WASHBURN AVE N MINNEAPOLIS MN 55411 | WNGS HOLDINGS LLC | RESIDENTIAL | $205,500 | 176 ft |
| 1422 XERXES AVE N MINNEAPOLIS MN 55411 | LISA FISHER ET AL | RESIDENTIAL | $173,300 | 185 ft |
Current Tax Year