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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 215.02
Zip code 55428
Source: Redfin Data Center (Invalid Date) · Zip 55428
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5618 WISCONSIN AVE N NEW HOPE MN 55428 | CLARENCE SMITH/WENDY SMITH | RESIDENTIAL | $306,200 | 240 ft |
| 8113 BASS LAKE RD NEW HOPE MN 55428 | BICHANGA REAL ESTATE INC | APARTMENT | $518,000 | 265 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | CITY OF NEW HOPE | VACANT LAND-RESIDENTIAL | $0 | 272 ft |
| 8109 BASS LAKE RD NEW HOPE MN 55428 | DOMENIQUE D CARY | APARTMENT | $518,000 | 274 ft |
| 8115 BASS LAKE RD NEW HOPE MN 55428 | R G C RODRIGUEZ ET AL | RESIDENTIAL | $257,400 | 276 ft |
| 5530 WISCONSIN AVE N NEW HOPE MN 55428 | SUBSTAD LIVING TRUST | RESIDENTIAL | $468,500 | 289 ft |
| 5630 WISCONSIN AVE N NEW HOPE MN 55428 | CAMERON LLP | RESIDENTIAL | $240,600 | 320 ft |
| 5526 WISCONSIN AVE N NEW HOPE MN 55428 | ADAM L BEARDMORE | RESIDENTIAL | $515,000 | 346 ft |
| 8001 BASS LAKE RD NEW HOPE MN 55428 | BASS LAKE PROPERTY LLC | COMMERCIAL-PREFERRED | $1,795,000 | 353 ft |
| 5615 WISCONSIN AVE N NEW HOPE MN 55428 | M CHRISTIANSON ET AL | RESIDENTIAL | $315,500 | 382 ft |