Celebrating the Grand Re-Opening of Clare Apartments
GMHF provided a $4.3M construction loan and an $8.6M equity investment through the Minnesota Equity Fund to help preserve and improve this vital supportive housing community in Minneapolis.
South Minneapolis Native American Clinic and Housing Set to Open in September
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.
The Williams: A Big Step Forward for Affordable Housing in Saint Paul
GMHF will provide a first mortgage for this new development, which includes one‑ to five‑bedroom homes that support larger and multigenerational households.
Construction Begins on Affordable Rental Units in Mankato
The 40-unit Poplar Apartments are designed for individuals who have experienced homelessness. GMHF provided a $3.2M construction loan to support the project.
GMHF & MEF Funding Helps Preserve Homes for Low-Income Seniors in Edina
These critical investments will preserve and improve 129 units of Section 8 affordable housing for low-income seniors and people with disabilities.
Graves Foundation PRI Supports Preservation of Family-Sized Homes
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.
New Development in Faribault Welcomes First-Time Homeowners
Our $2 million construction loan was a key piece of financing to help bring these affordable homeownership opportunities to life.
First Closing of 2026 Preserves Senior Housing in Newport
GMHF is providing a construction/bridge loan as well as LIHTC equity investment from the Minnesota Equity Fund to preserve a Section 8 property in Washington County.
Step One, Build Credit for Leech Lake Members. Step Two, Build Houses for Them to Buy.
The Star Tribune's Evan Ramstad covered Leech Lake Financial Services work to add homes on the reservation, including GMHF's $1 million loan to finance the construction or remodel of homes.
Investing in the Future of Clare Apartments
The 32-unit permanent supportive housing property in Minneapolis will undergo significant rehabilitation thanks to support from GMHF and the Minnesota Equity Fund.