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.
No permits found in Saint Paul open data for this parcel.
Frogtown Neighborhood Association · Saint Paul
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 326
Traditional Neighborhood 3 — medium-intensity mixed-use
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 |
|---|---|---|---|---|
| 0 UNIVERSITY AVE W | NEDU LLC | SMALL STRIP CENTER | $2,219,800 | 68 ft |
| 0 UNIVERSITY AVE W | NEDU LLC | COMMERCIAL VACANT LAND | $818,900 | 74 ft |
| 585 UNIVERSITY AVE W | RATSAMY REALTY LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $603,800 | 124 ft |
| 500 DALE ST N | KINGS CROSSING APTS | APARTMENTS 50-99 RENTAL UNITS | $5,274,100 | 137 ft |
| 586 SHERBURNE AVE | KEVIN RAMIREZ | SINGLE FAMILY DWELLING, PLATTED LOT | $224,400 | 155 ft |
| 581 UNIVERSITY AVE W | RATSAMY REALTY LLC | COMMERCIAL VACANT LAND | $103,400 | 163 ft |
| 582 SHERBURNE AVE | IDA M EDGETT | TWO FAMILY DWELLING - UP/DWN | $305,800 | 199 ft |
| 0 UNIVERSITY AVE W | CITY OF ST PAUL | EXEMPT, VACANT LAND | $114,400 | 202 ft |
| 578 SHERBURNE AVE | MING CHEN | SINGLE FAMILY DWELLING, PLATTED LOT | $171,200 | 233 ft |
| 575 UNIVERSITY AVE W | RATSAMY 575 LLC | SMALL (UNDER 10,000 SF) DET. RETAIL | $796,300 | 242 ft |