This investment will broaden healthcare access and represents an incredible commitment to Duluth and surrounding communities. Essentia is expanding its role as a committed community anchor institution. Their recently completed land use study is a starting point for community engagement and leveraging investments to build a healthier community. Anchor Institutions An Anchor Institution Strategy is…
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GMHF’s 2022 to 2025 Strategic Plan reaffirms the organization’s mission, core purpose, and operating principles. Strategic impact areas focus on: Stable Homes, Targeted Community Investment, Equitable Communities & Wealth Building, and Policy & Systems Change. The 4-year plan sets targeted goals for mobilizing $1B in impact capital to create and preserve 5,000 affordable homes across…
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Amid a housing market filled with supply challenges and rising costs, it is more important than ever to design new affordable housing models. To that end, Greater Minnesota Housing Fund has released the Technology Park Apartments affordable housing case study to document one practical and replicable strategy. Built in partnership with Real Estate Equities and…
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Housing affordability for people of modest means has gone from bad to worse. Here are 12 talking points that let the statistics tell the story. For households making 30% of area median income, the U.S. only has 37 available and affordable homes per 100 households. At 50% of area median income, there are 60 available…
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During the Covid-19 pandemic, Greater Minnesota Housing Fund (GMHF) is surveying owners and managers of approximately 30,000 rental housing units in rural and urban parts of the state monthly to determine tenant inability pay rent due to the Covid-19 pandemic. Data collected is focused primarily on providers of affordable housing, but data for all rental…
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