UnitedHealth Group

Impactful Mission

As reported in the Spring 2017 issue of Affordable Housing News. For the first time, real estate buyers who wish to preserve affordable housing properties in the Twin Cities metropolitan area will have access to a $25 million fund to help them do so. The NOAH Impact Fund is the result of a partnership between… More

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Historic Minneapolis Apartments to House Formerly Homeless Residents

A century after its construction, The Lonoke apartment building in Minneapolis is undergoing a renovation that development partners say is an important step toward ending homelessness in the city. Minnesota-based developer Beacon Interfaith Housing Collaborative found strong neighborhood support for converting The Lonoke from market-rate apartments into 19 units of affordable housing for low-income households… More

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Minnesota Equity Fund helps transform historic Stevens Square apartment building

transforming the 100-year-old property into a new 19-unit affordable-housing community with support services for area homeless and people in need of permanent housing. Rehabilitation of the building, to be renamed The Lonoke, located at 1926 Third Avenue South in Minneapolis, includes renovating the 19 existing one-bedroom apartments with upgraded mechanical, electrical and plumbing systems, new… More

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Construction underway for affordable housing for homeless veterans and families

as construction is now underway for a new, 58-unit affordable-housing community at historic Fort Snelling. Veterans groups, project partners and various community leaders heralded CommonBond’s Veterans Housing at Fort Snelling as vital in helping reach a goal of ending homelessness among military veterans in Minnesota. According to Heading Home Minnesota, a public-private partnership to end… More

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UnitedHealth Group invests $50M in low-income rental housing

UnitedHealth Group Inc. said Thursday that it is putting $50 million into a fund to construct hundreds of low-income housing units in Minnesota and the Upper Midwest. While the investment brings financial benefits, officials at the nation’s largest insurance company said it also aligns with a corporate belief that stable housing is a key component… More

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