ParcelLens
Property Intelligence · Twin Cities
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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 215.02
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.
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 |
|---|---|---|---|---|
| 5601 BOONE AVE N NEW HOPE MN 55428 | SRRT BOONE LLC | INDUSTRIAL-PREFERRED | $3,757,000 | 453 ft |
| 8801 BASS LAKE RD NEW HOPE MN 55428 | KR ENTERPRISES LLC | INDUSTRIAL-PREFERRED | $2,300,000 | 480 ft |
| 8711 BASS LAKE RD NEW HOPE MN 55428 | 8711 BASS LAKE ROAD LLC | INDUSTRIAL-PREFERRED | $2,750,000 | 522 ft |
| 5550 INTERNATIONAL PKWY NEW HOPE MN 55428 | CITY OF NEW HOPE | VACANT LAND-RESIDENTIAL | $0 | 600 ft |
| 5600 BOONE AVE N NEW HOPE MN 55428 | COVILLA LLC | APARTMENT | $5,616,000 | 619 ft |
| 8901 BASS LAKE RD NEW HOPE MN 55428 | DAVID W CARLSON | COMMERCIAL-PREFERRED | $2,021,000 | 637 ft |
| 5700 BOONE AVE N NEW HOPE MN 55428 | CHARDON EQUITY PARTNERS LLC | APARTMENT | $13,388,000 | 644 ft |
| 5650 BOONE AVE N NEW HOPE MN 55428 | WOODBRIDGE OF NEW HOPE COOP | COOPERATIVE HOUSING | $11,559,200 | 793 ft |
| 5650 BOONE AVE N NEW HOPE MN 55428 | WOODBRIDGE OF NEW HOPE CO-OP | CONDOMINIUM | $156,900 | 793 ft |
| 5650 BOONE AVE N NEW HOPE MN 55428 | WOODBRIDGE OF NEW HOPE CO-OP | CONDOMINIUM | $142,800 | 793 ft |