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 |
|---|---|---|---|---|
| 8500 42ND AVE N NEW HOPE MN 55427 | CCD REAL ESTATE LLC | COMMERCIAL-PREFERRED | $748,000 | 129 ft |
| 4205 ZEALAND AVE N NEW HOPE MN 55428 | ISAAC CHERNEY/ANDREA CHERNEY | RESIDENTIAL | $320,800 | 192 ft |
| 4201 ZEALAND AVE N NEW HOPE MN 55428 | NICHOLAS DERRICK PAUMEN | RESIDENTIAL | $274,200 | 193 ft |
| 86 ADDRESS UNASSIGNED NEW HOPE MN 00000 | VIL OF NEW HOPE | LAND-COMMERCIAL | $0 | 216 ft |
| 4209 ZEALAND AVE N NEW HOPE MN 55428 | S KRATZER & R KRATZER | RESIDENTIAL | $333,500 | 218 ft |
| 8420 42ND AVE N NEW HOPE MN 55427 | 42ND AVENUE LLC | APARTMENT | $1,650,000 | 259 ft |
| 4213 ZEALAND AVE N NEW HOPE MN 55428 | HOMEWARD BOUND INC | RESIDENTIAL | $0 | 263 ft |
| 4200 AQUILA AVE N NEW HOPE MN 55428 | JERE FORD KAUFFMAN & WIFE | RESIDENTIAL | $273,300 | 319 ft |
| 4217 ZEALAND AVE N NEW HOPE MN 55428 | E J HOLMBERG & O R HOLMBERG | RESIDENTIAL | $325,500 | 320 ft |
| 4204 AQUILA AVE N NEW HOPE MN 55428 | CRAIG J & KIM T PETTER TRUST | RESIDENTIAL | $330,400 | 326 ft |