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 |
|---|---|---|---|---|
| 5555 ZEALAND AVE N NEW HOPE MN 55428 | GRANITE CREEK LLC | APARTMENT | $6,825,000 | 300 ft |
| 5501 BOONE AVE N NEW HOPE MN 55428 | BOONE AVENUE APTS LTD PTNSHP | LOW INCOME RENTAL | $5,821,000 | 390 ft |
| 5555 BOONE AVE N NEW HOPE MN 55428 | PEOPLE INCORPORATED | COMMERCIAL-PREFERRED | $0 | 414 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | LINDA NOVAK | CONDOMINIUM | $202,900 | 504 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | DAWN D DRESSER | CONDOMINIUM | $184,000 | 504 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | QUN GU | CONDOMINIUM | $184,500 | 504 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | MARSHA STOLT | CONDOMINIUM | $172,000 | 504 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | PATRICIA CAYO & GRANT CAYO | CONDOMINIUM | $171,700 | 504 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | BRUCE L SCHOENBERGER ET AL | CONDOMINIUM | $199,100 | 504 ft |
| 5445 BOONE AVE N NEW HOPE MN 55428 | SHARDAE OKELEYE | CONDOMINIUM | $184,500 | 504 ft |