A Rarity in Low-Cost Housing: 1,400- to 1,600-Square-Foot Apartments
Many partners, including GMHF, came together to support this project which will bring much-needed deeply affordable family-sized housing to Saint Paul.

Many partners, including GMHF, came together to support this project which will bring much-needed deeply affordable family-sized housing to Saint Paul.

GMHF provided a deferred gap loan with 0% interest for 40 years as well as construction financing. The project also received 9% tax credits and significant contributions from the Rochester community.

This is GMHF's third conversion of an historic school to affordable housing and adds 57 units of workforce housing and 7 units reserved for formerly homeless individuals or families.

Rural, affordable homes are saved as GMHF's board approved a loan to preserve a 19-unit Rural Development property near Leech Lake in Hackensack.

Real Estate Equities, Greater Minnesota Housing Fund, and Merchants Capital have teamed up to create Technology Park, a 164-unit naturally affordable housing complex in Rochester.

United Community Action Partnership and partners, including GMHF, broke ground for the first of five new affordable single-family homes in Marshall.

A collaborative effort among government agencies and nonprofit organizations in Minnesota aims to keep the “affordable” in rural affordable housing.
