4d Affordable Housing Incentive

The City rewards affordable building owners who keep rental units affordable.

Overview

We reward property owners who:

  • Agree to keep at least 20% of their building's rental units affordable
  • For a period of 10 years

The reward

  • We help you get a 4d property tax classification for your property.
  • We grant eligible applicants $100 per affordable unit, up to $1,000, during the first year of enrollment.
  • You are eligible to apply for $50,000 a year to fund new energy-saving technology projects for your building.

Our goal

We want affordable rental units to stay affordable so:

  • Current renters can stay in their homes
  • Future renters can afford rental homes

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Contact us

4d Affordable Housing Incentive Program

Community Planning & Economic Development (CPED)

Address

Public Service Building
505 Fourth Ave. S., Room 320
Minneapolis, MN 55415