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 215.03
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 |
|---|---|---|---|---|
| 4520 INDEPENDENCE AVE N NEW HOPE MN 55428 | J & J CARLSON | RESIDENTIAL | $271,400 | 191 ft |
| 4600 INDEPENDENCE AVE N NEW HOPE MN 55428 | WILMA NOVAL LEASE | RESIDENTIAL | $298,500 | 232 ft |
| 9354 45TH AVE N NEW HOPE MN 55428 | SANDRA JEAN PERIA | RESIDENTIAL | $301,800 | 255 ft |
| 9341 46TH AVE N NEW HOPE MN 55428 | NICHOLAS ENGH | RESIDENTIAL | $302,000 | 275 ft |
| 9330 46TH AVE N NEW HOPE MN 55428 | P A SIKKILA & K T SIKKILA | RESIDENTIAL | $315,600 | 309 ft |
| 9346 45TH AVE N NEW HOPE MN 55428 | M D SCHWENDER & A VALDOVINOS | RESIDENTIAL | $373,300 | 324 ft |
| 4471 INDEPENDENCE AVE N NEW HOPE MN 55428 | INDEPENDENCE MANOR L L C | APARTMENT | $1,876,000 | 331 ft |
| 4610 INDEPENDENCE AVE N NEW HOPE MN 55428 | SARAH JARNOT | RESIDENTIAL | $312,000 | 336 ft |
| 9331 46TH AVE N NEW HOPE MN 55428 | BROSISCO LLC | RESIDENTIAL | $324,400 | 353 ft |
| 9320 46TH AVE N NEW HOPE MN 55428 | TOU HER | RESIDENTIAL | $321,700 | 380 ft |