Insights & Impact

Lakeview Terrace, in Walker, MN Refinanced to ensure 10 years of affordability

The event ensures affordability of the property to low-income households for the next ten years! The property is located in the city of Walker, situated in a residential neighborhood about a mile south of the main street. Lakeview Terrace is an existing 18-unit project, owned and managed by DW Jones. Seventeen of the townhomes are… Read more

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… Read more

Minnesota Housing Partners Work to Preserve Affordability of Rural Homes in Central Minnesota

Rural Development Property will be Preserved in Hackensack, Minnesota Rural, affordable homes are saved this month as Greater Minnesota Housing Fund’s board approved a loan to preserve a 19-unit Rural Development property in Hackensack, Minnesota. D.W. Jones will continue ownership and management of the property, and Voronyak Builders will serve as contractor. Birch Lake Apartments… Read more

WE STAND IN SOLIDARITY

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Impacts of COVID-19 on Rental Properties in Minnesota

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… Read more

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