Community-Driven Affordable Housing Breaks Ground in Whitter Neighborhood
This project, supported by a GMHF predevelopment loan, will transform a long-vacant site into 54 affordable homes and community space in Minneapolis.

This project, supported by a GMHF predevelopment loan, will transform a long-vacant site into 54 affordable homes and community space in Minneapolis.

Our flexible capital will help Premier Development Corporation with the planned rehab and addition to Cecil Newman Apartments.

GMHF provided a predevelopment loan to One Roof Community Housing to support the rehabilitation of Birchwood Apartments, one of the few affordable housing developments in Cook County.

GMHF provided a $4.3M construction loan and an $8.6M equity investment through the Minnesota Equity Fund to help preserve this vital supportive housing community in Minneapolis.

GMHF and MEF are major investors in the 83 affordable homes being constructed as part of the new Wihinaphe Apartments, located above the Native American Community Clinic.

GMHF will provide a first mortgage for this new development, which includes one‑ to five‑bedroom homes that support larger and multigenerational households.

The 40-unit Poplar Apartments are designed for individuals who have experienced homelessness. GMHF provided a $3.2M construction loan to support the project.

These critical investments will preserve and improve 129 units of Section 8 affordable housing for low-income seniors and people with disabilities.

Thanks to a generous $635,000 program-related investment, GMHF was able to support a local developer with the acquisition and preservation of 29 family-sized apartments in Minneapolis.

Our $2 million construction loan was a key piece of financing to help bring these affordable homeownership opportunities to life.
