McKnight Foundation

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GMHF creates $25M fund to preserve unsubsidized affordable housing

After years of watching the Twin Cities' affordable housing market grow increasingly tight, a group of affordable housing advocates, nonprofits and private companies has decided to take the problem into its own hands. The Greater Minnesota Housing Fund, a nonprofit affordable housing lender, is developing the nation's first regional pool of money to help buyers… More

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

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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

Join GMHF for a 20th anniversary reception

Join Greater Minnesota Housing Fund board and staff Thursday, October 27 at the Guthrie Theater in Minneapolis as GMHF reflects on 20 years of great ideas and collaborative partnerships. All are welcome! GMHF wouldn't be here without the support of so many partners, funders, and friends of the organization like you. We hope you'll join us to help… More

Emerald Park Apartments

Hennepin OKs $3M for affordable housing fund

A new investment fund aimed at preserving thousands of affordable housing units in the metro area got a $3 million boost Tuesday when the Hennepin County Board of Commissioners voted to support the effort led by the Greater Minnesota Housing Fund. The Hennepin County resolution sets aside $3 million to help save 1,000 affordable units… 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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