Updated over 2 years ago on . Most recent reply
4D affordability program: your experience?
If any of your properties are enrolled in Minneapolis’ 4D program, I would love to hear your experience. The fact the property is locked in for 10 years across new owners intimidates me. I had negative experience with low income renters in the past, fresh data points to expand my mind are much appreciated
1) how has your experience been finding tenants? Quality of tenants?
2) is there a way to back out?
3) are you concerned about a negative impact on property ability to sell while locked into this program?