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.
22 permits on record since 2017 · $949K total declared value · Most recent: Jul 2024 (building permit)
DOMINIC CARCHEDI
SCOTT HENDERSON HENDERSON HEATING AND AC LLC
SCOTT HENDERSON HENDERSON HEATING AND AC LLC
SCOTT HENDERSON HENDERSON HEATING AND AC LLC
SCOTT HENDERSON HENDERSON HEATING AND AC LLC
Source: Saint Paul open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 2 — moderate mixed-use corridor
Most Recent Sale
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 |
|---|---|---|---|---|
| 424 SHERBURNE AVE | DIVINE MOHAMMAD | TWO FAMILY DWELLING - UP/DWN | $215,600 | 60 ft |
| 414 SHERBURNE AVE | KENNY LAM | SINGLE FAMILY DWELLING, PLATTED LOT | $124,500 | 60 ft |
| 410 SHERBURNE AVE | DRB#24 LLC | SINGLE FAMILY DWELLING, PLATTED LOT | $221,500 | 99 ft |
| 428 SHERBURNE AVE | MARIA NGUYEN | SINGLE FAMILY DWELLING, PLATTED LOT | $188,500 | 100 ft |
| 421 UNIVERSITY AVE W | DGW & M HOLDINGS INC | MIXED RESID/COMMERCIAL | $1,276,900 | 129 ft |
| 406 SHERBURNE AVE | HAWA ELMI HASHIM MOHAMUD | SINGLE FAMILY DWELLING, PLATTED LOT | $225,100 | 139 ft |
| 425 UNIVERSITY AVE W | LA NGUYEN LLC | MIXED RESID/COMMERCIAL | $584,100 | 141 ft |
| 432 SHERBURNE AVE | JACKIE BURGOON | SINGLE FAMILY DWELLING, PLATTED LOT | $151,400 | 141 ft |
| 0 UNIVERSITY AVE W | SORETI BERISSO | COMMERCIAL VACANT LAND | $103,800 | 161 ft |
| 433 UNIVERSITY AVE W | PHUONG LA NGUYEN | SMALL (UNDER 10,000 SF) DET. RETAIL | $542,100 | 170 ft |