You are here: Home / Community Assets Search / Rochester-Olmsted County 4(d) Affordable Housing Incentive Program

Rochester-Olmsted County 4(d) Affordable Housing Incentive Program

The Rochester-Olmsted County 4(d) Affordable Housing Incentive program is a voluntary program that helps rental property owners obtain property tax reductions while preserving affordable housing for income-qualified renters in our community. The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.

Read more on the web ...

Project Impact(s): Governance/Public Policy, Housing

This project is in Available Phase

  • Explore this page to view Beam's assessment of the basic description of the project, its impacts and collaboration atrributes. Also shown are status reports related to the project.
  • Please click this Link to get to Beam's view of the project's strategy, expected results, and monitored metrics.

Collaborators, Project Type, Impacts, Related Projects

Collaborators 

Lead Organization: Olmsted County HRA

Contact: TBD ; Email: TBD ; Phone: TBD

Known/Likely Collaborators: City of Rochester, MN ; County of Olmsted, MN ; Olmsted County HRA

Potential Collaborators:


Related Projects

City of Rochester Home Ownership Creation Program ; Coalition for Rochester Area Housing


Impacts 

Major Impact:  Housing

PlanScape Impacts :

Level 1: Governance/Public Policy, Housing

Level 2:

DMC Impacts:

Community Health Impacts:


Type of Project

Programming  

 

 

 


Pinned Reports on: Rochester-Olmsted County 4(d) Affordable Housing Incentive Program


Rochester-Olmsted County 4(d) Affordable Housing Incentive Program (December 11, 2024)

The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.

 

Read more ...



Reports on: Rochester-Olmsted County 4(d) Affordable Housing Incentive Program


Rochester-Olmsted County 4(d) Affordable Housing Incentive Program (December 11, 2024)

The current Rochester-Olmsted County 4(d) Affordable Housing Incentive Program application is for the Tax Assessment Year 2025 - Tax Payable Year 2026, the tax savings for this application will not be realized until the Tax Payable Year 2026.

 

Read more ...



Other Community News and Reports having impacts on:

Governance/Public Policy, Housing
December 14, 2024: City Housing Support

Home Ownership Creation Program - Prairie Ridge: "NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of Rochester, MN hereby approves the contribution of $4,000,000 to the Prairie Ridge development to support the creation of 201 for-sale homes via the Home Ownership Creation Program.

 PB Reporting regarding TIF $14M Requests (Sherman and Prairie Ridge) 2024-12-14 

Read more ...
December 07, 2024: "Link BRT a milestone project for Rochester

City of Rochester Receives $84.92 Million Federal Grant for Transformative Link Bus Rapid Transit Project

LINK Progress Report to City Council 

Rochester eyes TIF to support Transit Village, Public Parking

Read more ...
November 11, 2024: Rochester Public Schools Referendum Nov 2024
RPS Superintendent Video and Presentation Slides

Referendum to support: Strong Communities; Strong Schools; Strong Young People

PB Reporting on Referendum Efforts and Results

Read more ...
October 17, 2024: Olmsted County shares update on opioid settlement fund use

Support for: Drug and Alcohol Response Team (DART), CredibleMind, "Be in the Know Olmsted" Campaign

 

Read more ...
October 16, 2024: DMC 2025 Budgets
2025 Budget and Workplan September DMCC Board Meeting

City Council Oct 2024 on DMC 2025 Budget

 

Read more ...
October 16, 2024: 2024 Destination Medical Center Reports
Proceedings

September 2024 DMCC Board Meeting with 2025 Workplan Breakout

May 2024 DMCC Board Meeting and City, County, DMC Joint Meeting

Feb 2024 DMCC Board Meeting

Read more ...
September 30, 2024: West Transit Village
September 2024 DMCC Board Update

September 2022 DMCC Board Status: NTH to run a developer selection process with Mayo

 

Read more ...
September 30, 2024: Economic Vibrancy & Growth Management

City teammates providing an update on this work, specifically regarding legacy public infrastructure projects, Unbound, infrastructure investments and regulatory milestones.  

Read more ...
August 16, 2024: Tax Breaks to Landlords

PB reporting: A local program providing tax breaks to landlords in exchange for maintaining lower rents is being tweaked to encourage future development of affordable housing.

Read more ...
August 07, 2024: Age-Friendly Olmsted County (AFOC) Plan

August 2024 Report : Age-Friendly Olmsted County (AFOC) activities implementing the Age

Friendly Olmsted County 2022-2025 Action Plan since our annual report in February 2024.

Read more ...
July 17, 2024: Bryk Apartments Rental Eligibility Amendment

July 17, 2024 City of Rochester: Adopting a Resolution authorizing an amendment to the Development Assistance Agreement and the Declaration of Restrictive Covenants to revise the affordability covenants related to the 80% Units.

March and May 2023 reports to DMCC including video, documents and presentations. 

Read more ...
July 01, 2024: First Half 2024 Targeted Business Enterprise Utilization Plan Reports

2Q 2024: June 2024May 2024 - Admin Message, TBE Report; April 2024 - Admin Message, TBE Report

1Q 2024: Feb 2024 - Admin Message, TBE Report; Jan 2024: Admin Message, TBE Report

Special callouts: Women in Construction; City of Rochester Equity in Development 

Read more ...
June 26, 2024: City of Rochester - Justice, Diversity, Equity, Inclusion (JEDI) Audit Status

June 24, 2024 City Council Study Session: Justice Equity Diversity and Inclusion (JEDI) Audit per Goodenough 

Departmental Audit reports of: Human Resources; Rochester Public Library; Parks & Rec 

 

Read more ...

 

 

Last modified by allnode on 2024/12/11
Created by allnode on 2015/09/13

 

 

 

Site Information
Project Phase Definitions
The following defines the various project phases:
  1. Available - a product, program or service is in production
  2. Develop - program or application is being developed
  3. Plan - idea is solid, stakeholders are identified, and there is strong commitment to go forward from all parties.
  4. Concept Phase - idea scoped out with enough details to give an early sizing and/or to build a proof of concept
    demonstration
  5. Pre-concept Phase - an early idea or a requirement.
About Beam
  • For the commercial sector, we tend to register startup activities (new companies and new commercial projects) that bring diversification and high-impact opportunities to the area.
  • For the non-profit sector, we wish to shine light on all the organizations and services that otherwise labor under relative obscurity.
  • Our hope is that dmcbeam.org will encourage cross-sector collaborations and creative solutions.

While there are a number of registries in the community, dmcbeam.org's  distinct value is to pilot a database with a data structure and categorizations that answer the questions such as: What organizations or projects/programs in our community that have purported relevance with some of the over-arching focuses put forward by initiatives such as DMC, J2G and Health Improvements?

This database could be used as one of the ways to explore the capacities of the community. If you are someone on an exploratory journey to learn about the greater Rochester community. dmcbeam.org could be an interesting first step.

Links to Beam sub-sites 
Sample of Beam sub-sites: