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 |
|---|---|---|---|---|
| 4624 RHODE ISLAND AVE N NEW HOPE MN 55428 | ANDREW T KOLHOFF | RESIDENTIAL | $330,100 | 135 ft |
| 4632 RHODE ISLAND AVE N NEW HOPE MN 55428 | ERIC THAMAVONG & LY NGUYEN | RESIDENTIAL | $329,400 | 138 ft |
| 4616 RHODE ISLAND AVE N NEW HOPE MN 55428 | IH2 PROPERTY ILLINOIS LP | RESIDENTIAL | $280,000 | 174 ft |
| 4640 RHODE ISLAND AVE N NEW HOPE MN 55428 | S D CRANDELL & L C HANSON | RESIDENTIAL | $346,400 | 175 ft |
| 4608 RHODE ISLAND AVE N NEW HOPE MN 55428 | J BARNETT & H MACBRIDE | RESIDENTIAL | $255,600 | 232 ft |
| 4656 RHODE ISLAND AVE N NEW HOPE MN 55428 | DYLAN LEE & LAUREN LEE | RESIDENTIAL | $337,300 | 275 ft |
| 4630 QUEBEC AVE N NEW HOPE MN 55428 | JEFFREY C HALEY | CONDO GARAGE/MISCELLANEOUS | $464,000 | 302 ft |
| 4630 QUEBEC AVE N NEW HOPE MN 55428 | DAN BRUGGEMAN | CONDO GARAGE/MISCELLANEOUS | $460,000 | 302 ft |
| 4630 QUEBEC AVE N NEW HOPE MN 55428 | TOW PROPERTIES LLC | CONDO GARAGE/MISCELLANEOUS | $424,000 | 302 ft |
| 4630 QUEBEC AVE N NEW HOPE MN 55428 | DAN BRUGGEMAN | CONDO GARAGE/MISCELLANEOUS | $452,000 | 302 ft |