GMHF Closes on Financing for Penn Station in Richfield
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.
24-Home Permanent Community Marks Milestone for Native Individuals and Families
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.
Affordable Housing Takes Off in Cass Lake
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.
48-Unit Workforce Housing Development Coming to Waite Park
GMHF provided a predevelopment loan for Vue Pointe Apartments, which will be one of the first passive design buildings in central Minnesota.
New Affordable Housing Opens in Rosemount
We are a proud funding partner of Schafer Richardson's Croft at Rosecott apartments, which brings much needed affordability to the fast growing suburb.
Duluth Authority Approves Plans for Senior Housing
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.
Small NOAH Developer Spotlight: James Crumble
The City of Minneapolis featured local emerging developer James Crumble in their 2024 Impact Report, who was able to purchase a 29-unit NOAH property with City and GMHF funding.
GMHF Awarded $16 Million to Expand Affordable Homeownership Across State
This significant investment will power a new dedicated Revolving Loan Fund designed to finance a range of homeownership activities, especially in Greater Minnesota and Tribal communities.
Affordable Housing Project Planned For Woodbury
GMHF's ability to provide a mezzanine loan helped this affordable workforce housing project fill a financing gap and move forward with construction.
Real Estate Equities Set to Open Development in Brooklyn Park
Affordable Housing Finance featured Decatur Landing, a new development back in part by GMHF financing featuring many two- and three-bedroom units designed to meet the needs of families.