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 |
|---|---|---|---|---|
| 4948 WINNETKA AVE N NEW HOPE MN 55428 | OLP NEW HOPE LLC | INDUSTRIAL-PREFERRED | $9,270,000 | 325 ft |
| 7703 49TH AVE N NEW HOPE MN 55428 | J P MCMARTIN & G E JANKOWSKI | RESIDENTIAL | $356,200 | 368 ft |
| 7711 49TH AVE N NEW HOPE MN 55428 | B V HUBBARD & H J HUBBARD | RESIDENTIAL | $509,200 | 372 ft |
| 7659 49TH AVE N NEW HOPE MN 55428 | BRIAN OOTHOUDT | RESIDENTIAL | $327,600 | 385 ft |
| 7719 49TH AVE N NEW HOPE MN 55428 | THANH BACCAM | RESIDENTIAL | $343,600 | 392 ft |
| 7641 49TH AVE N NEW HOPE MN 55428 | JENNA VIEAU | RESIDENTIAL | $369,200 | 422 ft |
| 7727 49TH AVE N NEW HOPE MN 55428 | RANDALL S TOLLIN | RESIDENTIAL | $306,700 | 425 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | L & A HOMEOWNERS ASSOC INC | COMMON AREA | $0 | 439 ft |
| 7627 49TH AVE N NEW HOPE MN 55428 | M A LAWTON & M B M LAWTON | RESIDENTIAL | $431,900 | 467 ft |
| 7803 49TH AVE N NEW HOPE MN 55428 | PRO OPERAM SUB XVIII LLC | RESIDENTIAL | $349,500 | 469 ft |