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 |
|---|---|---|---|---|
| 5500 BOONE AVE N NEW HOPE MN 55428 | NEW HOPE PROPERTY LLC | APARTMENT | $18,505,000 | 300 ft |
| 5601 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,020,000 | 453 ft |
| 5436 ZEALAND AVE N NEW HOPE MN 55428 | STEVEN RUFF | RESIDENTIAL | $280,000 | 504 ft |
| 5600 ZEALAND AVE N NEW HOPE MN 55428 | VA9 NEW HOPE LLC | APARTMENT | $1,036,000 | 518 ft |
| 5530 ZEALAND AVE N NEW HOPE MN 55428 | INTERMEDIATE SCHOOL DIST 287 | COMMERCIAL-PREFERRED | $0 | 533 ft |
| 5430 ZEALAND AVE N NEW HOPE MN 55428 | C GARRY & K SULAMOYO | RESIDENTIAL | $323,900 | 572 ft |
| 8500 56TH AVE N NEW HOPE MN 55428 | COVILLA LLC | APARTMENT | $4,581,000 | 573 ft |
| 5437 YUKON AVE N NEW HOPE MN 55428 | NEIL CURTIS TRUST | RESIDENTIAL | $220,600 | 585 ft |
| 5431 YUKON AVE N NEW HOPE MN 55428 | TIMOTHY ADAMS | RESIDENTIAL | $220,000 | 644 ft |
| 5600 BOONE AVE N NEW HOPE MN 55428 | COVILLA LLC | APARTMENT | $5,616,000 | 674 ft |