St. Paul

Off the floor and into dignified digs – Higher Ground St Paul delivers

GMHF staff had the opportunity to tour one of the latest achievements in affordable housing and serving homeless individuals: Higher Ground Saint Paul, the new shelter and supportive housing development in downtown Saint Paul developed by Catholic Charities, under the leadership of Tim Marx, CEO. Higher Ground is an incredibly inspiring development in its scale… More

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Report: Investors upgrade apartments, displace renters

Apartment sales in the seven-county metro increased 165 percent between 2010 and 2015, according to the report, which analyzed data from Marquette Advisors, CoStar and Finance & Commerce’s Twin Cities Apartment Sales Tracker. Many units – often in Class B or Class C buildings – are being refurbished, rebranded and leased for more than the… 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

GMHF receives a $1 million program-related investment from the Otto Bremer Foundation

Grants ranged from a $1 million to St. Paul-based Greater Minnesota Housing Fund to create a lending program for new workforce housing in greater Minnesota to $30,000 for a St. Paul organization that blends tennis instruction and school help for low-income kids. Among nonprofits providing services in St. Paul, the largest grant was $300,000 to… More

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Once a fort, soon a haven for homeless vets

A $10.2 million project to house homeless veterans also would bring life to a stretch of century-old Fort Snelling buildings that have sat vacant for decades. St. Paul-based CommonBond Communities and Sand Cos. of St. Cloud will develop 58 rehabbed housing units for the vets and their families, the U.S. Department of Veterans Affairs said… More

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Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1201-East
Saint Paul, MN 55101

Main 651.221.1997
800.277.2258
Fax 651.221.1904
info@gmhf.com

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