Prosperity’s Front Door seeks to educate Minnesotans about opportunities to create and preserve the homes Minnesota communities need to thrive. Prosperity’s Front Door is a network of business, government, and nonprofit leaders from across Minnesota. The network sees affordable and workforce housing as the front door to greater and shared economic prosperity—for Minnesota’s families, businesses, and…
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GMHF set out to create a short piece that describes its work and its impact. This small brochure is the result. Learn about GMHF’s strategic priorities and how GMHF works as a community development lending partner across Minnesota. Hear from individuals who now reside in GMHF-financed apartments. See the connection between stable, affordable housing and…
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The McKnight Foundation is one of many foundations that have decided to use their endowments to further their mission. McKnight makes low-cost loans to entities like Greater Minnesota Housing Fund to contribute to a thriving, sustainable region and state. As a Community Development Financial Institution (CDFI), GMHF is able to invest the capital to create…
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An important milestone was reached today in helping end homelessness among military veterans in Minnesota with the opening of Veterans East, a new 100-unit apartment community adjacent to the Veterans Hospital near Fort Snelling. During a ribbon-cutting ceremony, newly moved-in veterans, many of whom have struggled with homelessness, thanked community leaders and development partners for…
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If not for the San Marco Apartments, Lisa Ronnquist, 60, said she’d probably have died homeless on the streets of Duluth by now. “This place saved my life,” she said. Ronnquist was a chronic alcoholic when she came to the newly constructed San Marco 10 years ago as one of its first residents. “Before we…
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