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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 4510 RHODE ISLAND AVE N NEW HOPE MN 55428 | GARDNER PROPERTIES III LLC | APARTMENT | $2,258,000 | 181 ft |
| 7700 45 1/2 AVE N NEW HOPE MN 55428 | JOSHUA SPELLMAN | RESIDENTIAL | $394,300 | 230 ft |
| 7649 46TH AVE N NEW HOPE MN 55428 | KENDRICK PAULSON | RESIDENTIAL | $302,400 | 278 ft |
| 4550 QUEBEC AVE N NEW HOPE MN 55428 | HORSE LAKE LLC | INDUSTRIAL-PREFERRED | $2,000,000 | 288 ft |
| 7708 45 1/2 AVE N NEW HOPE MN 55428 | WEI LEONG D TAN | RESIDENTIAL | $317,600 | 323 ft |
| 7709 45 1/2 AVE N NEW HOPE MN 55428 | L J WEDLL & C J WEDLL | RESIDENTIAL | $285,200 | 335 ft |
| 7701 46TH AVE N NEW HOPE MN 55428 | PHILLIP LIVERS/MEGAN LIVERS | RESIDENTIAL | $263,300 | 341 ft |
| 7716 45 1/2 AVE N NEW HOPE MN 55428 | JOSEPHINE SHAIN | RESIDENTIAL | $296,300 | 396 ft |
| 7708 45TH AVE N NEW HOPE MN 55428 | SARAH COMO & LUCAS RUTT | RESIDENTIAL | $318,800 | 401 ft |
| 7709 46TH AVE N NEW HOPE MN 55428 | DENNIS L WIBERG III | RESIDENTIAL | $302,900 | 406 ft |