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 Saint Paul 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Saint Paul — 4d Affordable Housing Incentive ↗Saint Paul's Sales Tax Revitalization (STAR) program provides grants and loans for commercial, mixed-use, and neighborhood improvement projects. Applications accepted annually.
Saint Paul — STAR Program ↗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.
2 permits on record since 2017 · $35K total declared value · Most recent: Oct 2023 (building permit)
KRISTEN SHEIKH
Thul Holdings Llc
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
North End Neighborhood Organization · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 313
Multi-family Residential 2 — medium-intensity apartment (5 stories max)
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,772 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 410 FRONT AVE | RRMPF LLC | INDUSTRIAL, VACANT LAND | $32,100 | 53 ft |
| 424 FRONT AVE | ANGEL TRAN CUONG A CHAU | SINGLE FAMILY DWELLING, PLATTED LOT | $246,200 | 70 ft |
| 404 FRONT AVE | JB PROPERTIES LLC | APARTMENTS 4-6 RENTAL UNITS | $289,100 | 122 ft |
| 406 FRONT AVE | ULIANO PROPERTIES INC | SINGLE FAMILY DWELLING, PLATTED LOT | $163,500 | 133 ft |
| 432 FRONT AVE | RRMPF LLC | FOUNDERY AND HEAVY MFG PLANT | $2,844,600 | 145 ft |
| 419 FRONT AVE | CR PROPERTIES LLC | APARTMENTS 7-19 RENTAL UNITS | $1,412,200 | 188 ft |
| 0 FRONT AVE | STATE OF MN TRUST EXEMPT | APARTMENT VACANT LAND | $57,200 | 198 ft |
| 425 FRONT AVE | JNLJ INVESTMENTS LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $212,000 | 203 ft |
| 0 STINSON ST | RRMPF LLC | INDUSTRIAL, VACANT LAND | $32,100 | 206 ft |
| 407 FRONT AVE | JOSE E MALDONADO MARTINES FANI MARILU RUVERA DE MALDONADO | SINGLE FAMILY DWELLING, PLATTED LOT | $259,700 | 218 ft |
Most Recent Sale