Seven Points Tax Increment Financing Plan
We are seeking input on the Seven Points Tax Increment Financing Plan.
Overview
Seven Points will be located at the northeast corner of Hennepin Avenue and 31st Street West. This new housing development contains:
- 46 affordable apartments
- 182 market rate apartments
The TIF Plan establishes a new housing TIF district to help finance the costs of a housing project. It includes a budget for the use of tax increment revenue generate by the new TIF district.
Read about Tax Increment Financing
What to know
Comments are due by September 15.
- See timeline for comments and City meetings about changes
- Read the draft document
Read the draft document
You can view the Seven Points II TIF Plan Draft for Public Review.
Timeline
Comment deadline
Monday, Sept. 15, 2025
The deadline to submit comments is Monday, September 15, 2025, at 12 noon.
BIHZ Committee
Tuesday, Sept. 16, 2025
We will consider changes at a Minneapolis City Council Business, Inspections, Housing & Zoning (BIHZ) Committee meeting. We will hold a public hearing at this meeting.
- The meeting will be held on Tuesday, Sept. 16, 2025, at 1:30 p.m.
- The meeting location is Minneapolis City Hall, City Council Chamber, 250 S. 4th Street, Room 300.
City Council
Thursday, Sept. 25, 2025
We will consider changes at a Minneapolis City Council meeting.
- The meeting will be held on Thursday, September 25, 2025, at 9:30 a.m.
- The meeting location is Minneapolis City Hall, City Council Chamber, 250 S. 4th Street, Room 300.
Contact us
Haley McSparron
Community Planning & Economic Development
Phone
Address
Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415