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.
5 permits on record since 2019 · $67K total declared value · Most recent: Mar 2026 (res)
CENTERPOINT ENERGY
Weathersafe Restoration Inc
CenterPoint Energy Resource Corp
PERFECT EXTERIORS OF MINNESOTA INC
ANTHONY AND SONS LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1070
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 3,066 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2729 GARFIELD AVE MINNEAPOLIS MN 55408 | JAMES J BAKER | RESIDENTIAL-TWO UNIT | $287,500 | 39 ft |
| 2721 GARFIELD AVE MINNEAPOLIS MN 55408 | DAVID SASSE | RESIDENTIAL-TWO UNIT | $355,600 | 42 ft |
| 2733 GARFIELD AVE MINNEAPOLIS MN 55408 | ELIZABETH C ROBINSON | RESIDENTIAL | $379,500 | 77 ft |
| 2717 GARFIELD AVE MINNEAPOLIS MN 55408 | DAPHNA S STROMBERG | RESIDENTIAL | $334,200 | 84 ft |
| 2735 GARFIELD AVE MINNEAPOLIS MN 55408 | J BABCOCK/A R CRUZ | APARTMENT | $553,000 | 123 ft |
| 2713 GARFIELD AVE MINNEAPOLIS MN 55408 | ANN M NICHOLAS & ANDREW KAY | RESIDENTIAL | $419,500 | 126 ft |
| 2724 HARRIET AVE MINNEAPOLIS MN 55408 | ANDREW O BULAVITSKY | RESIDENTIAL | $312,000 | 140 ft |
| 2728 HARRIET AVE MINNEAPOLIS MN 55408 | REBECCA ANN ROTHMEIER | RESIDENTIAL | $303,400 | 145 ft |
| 2720 HARRIET AVE MINNEAPOLIS MN 55408 | GINA L CHRIST | RESIDENTIAL-TWO UNIT | $409,700 | 146 ft |
| 2732 HARRIET AVE MINNEAPOLIS MN 55408 | P CROTEAU & D FRIEZ | RESIDENTIAL | $386,900 | 157 ft |
Most Recent Sale
Current Tax Year