GMHF in the News

Star Tribune editorial features GMHF’s new fund to help preserve affordable housing stock

The midrange and luxury rental housing markets are hot in the Twin Cities — largely driven by demand from those earning $50,000 or more a year. They have the means to live in the new and renovated, amenity-filled buildings that are quickly rising across the metro area. Yet as more upscale rental buildings open, fewer… More

Habitat home

Editorial: Busting myths about affordable housing and the people who live there

It’s a scenario that plays out again and again, in every corner of The Corridor: a developer announces plans to create affordable housing units outside “those” neighborhoods where such units already are relatively plentiful, and neighbors start complaining. The torpedoing last month of a 45-unit, mixed-income housing complex along Edgewood Road in Cedar Rapids was… More

How luxury apartments in Uptown affect low-income tenants in Frogtown

Crossroads at Penn in Richfield and Meadowbrook Manor in St. Louis Park were middle-aged apartment complexes that offered a large supply of what has become known as naturally occurring affordable housing, NOAH for short. They aren’t public and they aren’t subsidized, but their owners did accept state and federal housing vouchers that helped low-income tenants… More

American Indian CDC

American Indian Community Development Corp. delivers housing on E. Franklin Av.

Gabriel Corbesia works as a security guard and recently graduated from Summit Academy near the top of his carpentry class. Corbesia, a member of the Lac Courte Oreilles Band of Lake Superior Chippewa who grew up in the Phillips neighborhood of Minneapolis, has wrestled with alcoholism and homelessness. Today, he is a thankful, productive citizen… More

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Hot market for buyers is driving loss of affordable rentals in Twin Cities

It seems not a week goes by lately without news about low-income tenants forced to move when their landlord sells their apartment building to investors. A new report offers numbers behind those anecdotes, illustrating a major shift in the local rental market. In “Sold Out,” released this week, the Minnesota Housing Partnership found that sales… More

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Greater Minnesota Housing Fund
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