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MN
Saint Paul 4d Affordable Housing Incentive Program
Saint Paul's 4d program helps rental property owners preserve affordable units through property tax classification and related incentives.
About this program
The Saint Paul 4d Affordable Housing Incentive Program supports preservation of affordable rental housing by helping eligible property owners obtain Minnesota 4d low-income rental classification. The program can reduce property tax burden for qualifying rental properties that commit to affordability restrictions and comply with annual monitoring and recertification requirements.
Eligibility
Owners of eligible rental properties in Saint Paul with qualifying affordable units may apply for 4d program enrollment.
Requirements
- Rental property must be located in Saint Paul.
- Property must include eligible affordable rental units.
- Owner must agree to affordability commitments and annual compliance requirements.