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 ↗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 55427
Source: Redfin Data Center (Invalid Date) · Zip 55427
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 |
|---|---|---|---|---|
| 7530 42ND AVE N NEW HOPE MN 55427 | MOHSEN AGHAMIRZAI TRUSTEE | COMMERCIAL-PREFERRED | $1,727,000 | 159 ft |
| 4124 QUEBEC AVE N NEW HOPE MN 55427 | 4124 PRTNRS LLC | COMMERCIAL-PREFERRED | $1,290,000 | 363 ft |
| 7401 42ND AVE N NEW HOPE MN 55427 | JC LIVING TRUST | COMMERCIAL-PREFERRED | $252,000 | 399 ft |
| 7300 42ND AVE N NEW HOPE MN 55427 | SOMALI COM RES SVCS/OLMSTEAD | COMMERCIAL-PREFERRED | $0 | 411 ft |
| 7600 42ND AVE N NEW HOPE MN 55427 | MARTIN & COMPANY LLC | COMMERCIAL-PREFERRED | $2,570,000 | 440 ft |
| 4125 OREGON AVE N NEW HOPE MN 55427 | ASSET MGMT GROUP SWFL LLC | COMMERCIAL-PREFERRED | $541,000 | 454 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | SOO LINE RAILROAD CO | RAILROAD | $257,800 | 475 ft |
| 4300 QUEBEC AVE N NEW HOPE MN 55428 | TRUAX GROUP LLC | INDUSTRIAL-PREFERRED | $6,265,000 | 513 ft |
| 4116 QUEBEC AVE N NEW HOPE MN 55427 | RAINMAKER LLC | INDUSTRIAL-PREFERRED | $824,000 | 519 ft |
| 4119 OREGON AVE N NEW HOPE MN 55427 | DOYLE PROPERTY GROUP LLC | APARTMENT | $425,000 | 531 ft |