Aeon Closes on Minneapolis Portfolio for $27 Million
NOAH Impact Fund provided the equity investment to support the preservation of 220 units of naturally occurring affordable housing for low-income residents in Minneapolis and Edina.
GMHF Receives National Award from HUD, Council on Foundations
GMHF was recognized for the NOAH Impact Fund, a social impact capital structured fund that provides equity financing to preserve unsubsidized, affordable rental housing in Minnesota.
Rebuilding Better Neighborhoods
This book, written by the GMHF team, showcases outstanding developments by some of the most innovative developers of affordable housing across the state of Minnesota.
New Mixed-Income Apartments Built Without Subsidy
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.
NOAH Impact Fund Partners with Aeon to Preserve 118 Homes
Aeon and the NOAH Impact Fund completed the purchase of The Provinces in Little Canada to preserve the building as affordable for Minnesota families.
Construction Begins for The Flats at Grandview Commons
Minnesota Equity Fund is a strategic partner in the development, which will bring 94-units of affordable housing designed for working families to Madison, WI.
More than 750 Apartment Homes to Remain Affordable Thanks to Broad Partnership
NOAH Impact Fund resources helped support the preservation of one of the largest portfolios of unsubsidized affordable housing in the Twin Cities.
New Housing Provides Hope for Veterans Struggling with Homelessness
Minnesota Equity Fund and Cinnaire worked with UnitedHealth Group to provide military veterans with quality, permanent housing with supportive services in Minneapolis.
Beacon Hill Named a “Top Project of 2016”
The Minnesota Equity Fund provided $2.5 million in tax credit equity for this project that will serve a diverse mix of more than 120 tenants in Grand Rapids.
Latest Way Local Governments are Trying to Combat the Twin Cities’ Affordable Housing Crisis
Two apartment complexes in Richfield tell the story of one way local governments are trying to maintain the region’s supply of privately owned affordable housing.