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.

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 Jan 7, 2019

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For reasonable accommodations or alternative formats, contact 311.
People who are deaf or hard of hearing can use a relay service to call 311 at 612-673-3000.
TTY users can call 612-673-2157 or 612-673-2626.

Para asistencia 612-673-2700, Yog xav tau kev pab, hu 612-637-2800, Hadii aad Caawimaad u baahantahay 612-673-3500. 

Salary Compliance Notice:
State statute 471.701; Notice of Salary Compliance, requires that the City post for not less than 90 days
the job title of the three highest paid employees along with their base salary. For 2018 these were:
1. City Attorney, $186,490
2. Assistant City Coordinator Convention Center, $183,600
3. Director Public Works, $181,191

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