Impact

Greater Minnesota Housing Fund is the leading community development financial organization dedicated to creating and preserving affordable housing in the state of Minnesota.

Greater Minnesota Housing Fund (GMHF) is a nonprofit affordable housing intermediary and Community Development Financial Institution (CDFI).

GMHF’s mission is to invest in affordable housing and sustainable development to strengthen communities in Greater Minnesota and ensure that everyone has a safe, decent and affordable place to call home.

Since 1996, GMHF has:
Awarded more than $270 million
to over 500 developments
in more than 150 communities
helping to create over 14,100 homes
leveraging over $1 billion in development.

GMHF was born out of a vision shared by The McKnight Foundation and Blandin Foundation to create a responsive, innovative intermediary that could address the unique affordable housing needs of Greater Minnesota’s rural areas, small towns, city centers and tribal lands. In 1996, these foundations committed $25 million to create GMHF and have continued to provide major ongoing support in the years since, committing over $100 million.

Thanks to their support and the dedication of other funders and investors, GMHF is now the largest affordable housing intermediary in Minnesota. GMHF operates a $42 million revolving loan fund, provides gap financing for homebuyers and affordable rental housing development and preservation, supports local communities and housing organizations through specialized grant support, and offers housing development and technical assistance training to communities across our service area of the 80 counties of Greater Minnesota.

Since 1996, we’ve created and preserved over 14,100 homes and apartments. We’re positioned to help investors and developers align forces to create and sustain the affordable housing needed to sustain Minnesota’s robust workforce and thriving economy now and in the future.

GMHF Map of impact

Our Impact In Action

See real-world examples of affordable housing created, and families housed thanks to the successful collaboration of impact investors, community partners, developers and the Greater Minnesota Housing Fund.

The Southeast Minnesota Regional Housing Forum

We wanted to give a big thank you to those who helped to create a successful and thought provoking Regional Affordable Housing Forum in the Southeast Region of Minnesota. The Southeast Regional Affordable Housing Forum was joined by nearly 200 partners where we virtually connected for education, discussion, and networking. Opening Remarks were provided by Commissioner [...]

The Southwest Minnesota Regional Housing Forum

We wanted to give a big thank you to those who helped to create a successful and thought provoking Regional Affordable Housing Forum in the Southwest Region of Minnesota. The Southwest Regional Affordable Housing Forum was joined by nearly 150 partners where we virtually connected for education, discussion, and networking. The day included: 1. Setting [...]

Jeremiah Program completes 40 new affordable homes for single mothers with children in Rochester

Jeremiah Program came to Rochester in 2016 at the invitation of a cross-section of community leaders, and in the fall of 2020, they opened the  doors to the Rochester/Southeast MN Jeremiah campus, which includes 40 affordable homes for single mothers and their children. The campus includes on-site childcare provided by Families First of Minnesota, as well as [...]

Greater Minnesota Housing Fund Awarded $7 Million to Advance Equity through Housing as Part of MacKenzie Scott’s Commitment to Social Justice

Saint Paul, MN (December 15, 2020) Greater Minnesota Housing Fund has received an unexpected donor gift of $7 million from MacKenzie Scott, an individual philanthropist committed to giving away at least half of her wealth in her lifetime to advance social justice. Warren Hanson, President, and CEO of Greater Minnesota Housing Fund said “MacKenzie Scott’s [...]

Colorful banner image featuring the skyline that you might typically see in a small city or town in Greater Minnesota.

Contact

Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1650 West
Saint Paul, MN 55101

Main 651.221.1997
800.277.2258
Fax 651.221.1904
info@gmhf.com

GMHF is a Partner You Can Trust

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