Rochester

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… Read more

New mixed-income apartments built without subsidy

Real Estate Equities, Greater Minnesota Housing Fund, and Merchants Capital have teamed up to create Technology Park, a 164-unit housing complex in Rochester, Minnesota. The apartments will provide naturally affordable rental housing to Rochester’s workforce without subsidy. Technology Park, to be renamed upon the building’s opening, will help ease Rochester’s affordable housing crisis. Rochester was recently… Read more

Group seeks Clinic’s help with affordable housing

Randy Petersen reports in the Post-Bulletin that group of 40 to 50 local residents asked Mayo Clinic to lead in an effort to raise $60 million during the next five years to help create affordable housing in Rochester. In a letter to Dr. John Noseworthy, CURE — Communities United for Rochester Empowerment — also asked… Read more

John Errigo, GMHF Syndication & Loan Officer

City to study affordable housing options

The Rochester City Council on Monday took action to hire a consultant firm, Grounded Solutions Network, to provide recommendations on an inclusionary housing policy. The firm has provided consultations to more than 50 U.S. cities and organizations, according to a proposal it submitted to the city April 15. Olmsted County housing staff and a representative… Read more

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Our View: Policy can answer housing crisis

With more than $14.7 million in tax-increment financing provided for the construction of affordable housing in the city since 1999, efforts have been ongoing for decades. “We’ve been doing housing projects back to the mid-80s,” Rochester Assistant City Administrator Gary Neumann told the city council this week. In addition to TIF funding for single-family homes… Read more

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