Community Planning & Economic Development
 

Planning and Zoning
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4d Affordable Housing Incentive Program


Changes to 4d Program Guidelines

The City of Minneapolis is seeking public comment on the following proposed changes to the 4d program guidelines. The deadline to submit comments is Monday, October 19th by 5:00pm. Please provide public comments to staff at [email protected].

Proposed changes would allow single family rental homes to enroll in the 4d program. In order to support future affordable homeownership opportunities, the City will release a 4d program declaration of restrictive covenants only if the property is sold to a current tenant, or another buyer with an income at or below 80% of Area Median Income (AMI). In either case, buyers would be required to sign an affidavit that says they will occupy the home as their primary residence. For more information, please review: 

It is expected that these changes will be considered at the following meetings of the Minneapolis City Council and its committees:

Business, Inspections, Housing & Zoning Committee
Tuesday, October 20, 2020 at 1:30 p.m.

City Council
Friday, October 30, 2020 at 9:30 a.m.

Minneapolis City Council online meeting information.


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:

Modifications to 4d program commitments:

Application process and timeline 

Yearly compliance requirements and deadlines

Other important dates

Stay Informed

Sign up to receive email updates about the Minneapolis 4d Affordable Housing Incentive Program. Please email [email protected] for the fastest response, or call 612-673-5055.  

Selling your property?

The City works several with non-profit partner organizations that can buy properties and help apartments stay affordable by utilizing City financing. For more information, please email [email protected] or call 612-673-5055.      

Last updated Oct 1, 2020

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