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.

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

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.

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.

The 32-unit permanent supportive housing property in Minneapolis will undergo significant rehabilitation thanks to support from GMHF and the Minnesota Equity Fund.

This is GMHF's third project with JO Companies. This development will add 42 units of affordable and supportive housing with direct transit access to the south metro.

A coalition of public and private partners, including GMHF, supported this project, which will help Native families in Minneapolis have a stable home and the services they need to thrive.

The first modular home was delivered and placed on a vacant lot in Cass Lake. GMHF provided a $1 million revolving construction loan to fund 15 homes in the Cass Lake and Deer River area.

GMHF provided a predevelopment loan for Vue Pointe Apartments, which will be one of the first passive design buildings in central Minnesota.

We are a proud funding partner of Schafer Richardson's Croft at Rosecott apartments, which brings much needed affordability to the fast growing suburb.

One Roof Community Housing plans to break ground in March 2026 on a new senior apartment and child care building. GMHF provided a $1.2M predevelopment loan to kickstart the project.
