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.
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 |
|---|---|---|---|---|
| 8420 42ND AVE N NEW HOPE MN 55427 | 42ND AVENUE LLC | APARTMENT | $1,650,000 | 166 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | ECON DEVEL ATHY NEW HOPE | LAND-COMMERCIAL | $0 | 218 ft |
| 8500 42ND AVE N NEW HOPE MN 55427 | CCD REAL ESTATE LLC | COMMERCIAL-PREFERRED | $748,000 | 295 ft |
| 8300 42ND AVE N NEW HOPE MN 55427 | HY-VEE INC | COMMERCIAL-PREFERRED | $1,445,000 | 316 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | VIL OF NEW HOPE | LAND-COMMERCIAL | $0 | 397 ft |
| 4200 ZEALAND AVE N NEW HOPE MN 55428 | 4200 ZEALAND LLC | APARTMENT | $1,106,000 | 425 ft |
| 8100 42ND AVE N NEW HOPE MN 55427 | AYA LLC | COMMERCIAL-PREFERRED | $4,849,000 | 622 ft |
| 8200 42ND AVE N NEW HOPE MN 55427 | EXRIGHT NET-LSD ALL-CSH 16 D | COMMERCIAL-PREFERRED | $12,000,000 | 630 ft |
| 4401 XYLON AVE N NEW HOPE MN 55428 | CITY OF NEW HOPE | COMMERCIAL-PREFERRED | $0 | 650 ft |
| 4021 WINNETKA AVE N NEW HOPE MN 55427 | THE CATHOLIC CEMETERIES | COMMERCIAL-PREFERRED | $0 | 874 ft |