GMHF in the News

Family in kitchen

More Real Estate Funds Aim to Preserve Housing

Twin Cities reporter Beth Mattson-Teig reports in National Real Estate Investor on social impact investment funds set up to address the loss of affordable (and unsubsidized) rental housing. The flurry of value-add apartment investing in recent years has sparked a countermove by public and private entities that are pooling their capital and stepping in to slow… More

Rick Klun

GMHF partner Rick Klun talks about combatting homelessness

The Star Tribune featured Rick Klun as one of their “Problem Solvers” for his work to prevent and end homelessness in Duluth and across the state in an article by Gail Rosenblum. Rick Klun wants us to stop focusing on homelessness. It’s not that he lacks the heart, or stomach, to address this seemingly intractable… More

Jeanne Crain + Acooa Ellis, co-chairs

Task Force on Housing Releases Action Plan

Governor Mark Dayton and members of the Governor’s Task Force on Housing today released its final report, recommending 30 action steps aimed at improving access to quality, affordable housing for Minnesotans and building a more vibrant, inclusive economic future for all Minnesotans. Today’s report follows Governor Dayton’s Executive Order, which convened a nonpartisan group of… More

Provinces

Ramsey Co, NOAH Impact Fund help Aeon buy/preserve 118 apartments

From the Pioneer Press: A Minneapolis-based nonprofit has bought 118 apartments in Little Canada in order to keep them affordable. Aeon announced Friday that it had purchased The Provinces, an apartment complex west of Interstate 35E on Little Canada Road. The buildings, which are home to roughly 300 residents, were previously owned by Dominium. To finance… More

NOAH Impact Fund partners with Aeon to preserve 118 homes

NEWS RELEASE Minneapolis – Today Aeon and the NOAH Impact Fund of Greater Minnesota Housing Fund (GMHF) completed the purchase of The Provinces, a property which includes 118 apartment homes in Little Canada. The building was sold by Dominium. Other key partners in the acquisition include NorthMarq Capital, which provided the mortgage through Freddie Mac’s… More

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Greater Minnesota Housing Fund
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