Greater Minnesota Housing Fund
Strong Communities. Affordable Homes.
The total $18.5 million cost of the property and repairs include $15.5 million in low income housing tax credits issued by the Minnesota Housing Finance Agency through a partnership with the Minnesota Equity Fund and with Cinnaire.
The plan for this project came out of the 18-month Housing Institute co-hosted by the Greater Minnesota Housing Fund and the Minnesota Housing Partnership.
The Minnesota Equity Fund provided $3.8 million in private, socially motivated investor capital to the development that provides a safer, more secure future for 47 families.
