Community Planning & Economic Development

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4d Affordable Housing Incentive Program

Minneapolis’s 4d program preserves affordable homes in Minneapolis by helping apartment building owners obtain property tax reductions if they agree to keep 20% or more of their rental units affordable. The program also helps owners make existing buildings greener through cost sharing for energy efficiency improvements and solar installations.

What is affordable housing?

Benefits for Property Owners

Eligibility Guidelines

Owners of market-rate multifamily properties that meet the following criteria:

Property owner commitment

Record a 10-year affordability declaration on your property stating:

How to apply

Other important dates

Selling your property?

The City works several with non-profit partner organizations that can pay you a fair price for your property, close a transaction in a timely manner, and help apartments stay affordable by utilizing City financing. For more information, please contact Dean Porter-Nelson or (612) 673-5237.

Stay Informed

Sign up to receive email updates about the Minneapolis 4d Affordable Housing Incentive Program. Please contact Dean Porter-Nelson or (612) 673-5237 if you have additional questions.      

Last updated Aug 5, 2019



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