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 2018 · $12K total declared value · Most recent: Sep 2024 (misc)
Nordic Construction LLC
Ron the Sewer Rat Inc
CenterPoint Energy Resource Corp
Gautham Meka
CenterPoint Energy Resource Corp
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 2,739 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2712 GRAND AVE S MINNEAPOLIS MN 55408 | G J SATKOWIAK & F CHOLES | RESIDENTIAL | $266,800 | 39 ft |
| 2716 GRAND AVE S MINNEAPOLIS MN 55408 | 2718 GRAND LLC | APARTMENT | $1,700,000 | 39 ft |
| 2720 GRAND AVE S MINNEAPOLIS MN 55408 | THOMAS M JOHNSON | RESIDENTIAL-TWO UNIT | $340,600 | 77 ft |
| 2710 GRAND AVE S MINNEAPOLIS MN 55408 | ZHI C WONG | RESIDENTIAL-TWO UNIT | $376,100 | 80 ft |
| 2724 GRAND AVE S MINNEAPOLIS MN 55408 | BRITTANY PETROS | RESIDENTIAL-TWO UNIT | $322,200 | 116 ft |
| 2717 HARRIET AVE MINNEAPOLIS MN 55408 | ELARA WILLETT & JAMES QUADRI | RESIDENTIAL | $281,700 | 135 ft |
| 2715 HARRIET AVE MINNEAPOLIS MN 55408 | JOSHUA NORDLING | RESIDENTIAL | $270,000 | 135 ft |
| 2719 HARRIET AVE MINNEAPOLIS MN 55408 | REBECCA ANN MCCANN | RESIDENTIAL | $226,700 | 141 ft |
| 2713 HARRIET AVE MINNEAPOLIS MN 55408 | MARK E WESTON | RESIDENTIAL | $215,200 | 141 ft |
| 2708 GRAND AVE S MINNEAPOLIS MN 55408 | CDHC MORRISON LTD PTRSH | APARTMENT | $1,141,000 | 145 ft |
Most Recent Sale
Current Tax Year