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.
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 |
|---|---|---|---|---|
| 4640 INDEPENDENCE AVE N NEW HOPE MN 55428 | NK PROPERTY HOLDINGS LLC | RESIDENTIAL | $282,900 | 212 ft |
| 4650 INDEPENDENCE AVE N NEW HOPE MN 55428 | NANCY MCWHITE & J MCWHITE JR | RESIDENTIAL | $290,900 | 220 ft |
| 4630 INDEPENDENCE AVE N NEW HOPE MN 55428 | R T DANIELS & M L DANIELS | RESIDENTIAL | $325,700 | 232 ft |
| 4660 INDEPENDENCE AVE N NEW HOPE MN 55428 | M KOLLES & J KOLLES | RESIDENTIAL | $313,800 | 252 ft |
| 4620 INDEPENDENCE AVE N NEW HOPE MN 55428 | C GIDDINGS & M P GIDDINGS | RESIDENTIAL | $299,200 | 273 ft |
| 9311 47TH AVE N NEW HOPE MN 55428 | D L HARJU & C R HARJU | RESIDENTIAL | $297,600 | 308 ft |
| 4610 INDEPENDENCE AVE N NEW HOPE MN 55428 | SARAH JARNOT | RESIDENTIAL | $312,000 | 329 ft |
| 4649 HILLSBORO AVE N NEW HOPE MN 55428 | BRENDA C GIENEART TRUST ETAL | RESIDENTIAL | $362,800 | 349 ft |
| 4641 HILLSBORO AVE N NEW HOPE MN 55428 | GREG GABAY & ALLISON GABAY | RESIDENTIAL | $312,100 | 359 ft |
| 4701 INDEPENDENCE AVE N NEW HOPE MN 55428 | LINDA R SCHMELZER | RESIDENTIAL | $280,400 | 361 ft |