Without more affordable housing, many working families in Greater Minnesota are not able to find safe, decent, affordable housing near their workplace, and many employers cannot easily recruit or retain employees.
Similarly many communities seeking economic development opportunities find it difficult or impossible to recruit or retain the businesses that will keep their communities economically vital.
Greater Minnesota Housing Fund’s Employer-Assisted Housing program was created to find solutions to these problems. GMHF’s combination of education, technical assistance and funding has enabled it to work with corporate CEOs and family-owned companies to structure community partnerships that have yielded over $20 million of new money invested by employers.
GMHF has worked with major employers such as Hormel, The Schwan Food Company, and Mayo Clinic, as well as “Main Street” employers like local banks and retail businesses, to engage them in developing homebuyer assistance programs as well as contribute to the development of new affordable housing in their communities.
GMHF has a resource guidebook on the range of possible ways to engage employers in housing solutions in their communities. Download the Employer-Assisted Housing resource guide.
Have an Employer-Assisted Housing need?
If you would like to discuss a potential Employer-Assisted Housing collaboration with GMHF staff, please fill out our Technical Assistance request form.