Gateway Renovations Get High Marks
The renovations were supported in part by $15.5 million in low-income housing tax credits issued by Minnesota Housing through a partnership with the Minnesota Equity Fund and with Cinnaire.
UHC Invests $18.3 Million to Help Build New Affordable Housing in Michigan
The Michigan State Housing Development Authority approved the Low Income Housing Tax Credits, with Minnesota Equity Fund and Cinnaire securing the equity funding from UnitedHealthcare.
Editorial: Another Way to Keep Housing Affordable
The Pioneer Press Editorial Board discussed how the NOAH Impact Fund will preserve the affordability of 1,000 unsubsidized rental units in the Twin Cities over the next three years.
10 years in, Duluth’s San Marco Apartments considered a model
For the last decade, the property has provided stable living arrangements and supportive services for 70 people who would otherwise be homeless.
Documentary Shares Tenant Stories, Lifts Up Solutions to Loss of Affordable Housing
Produced by Twin Cities PBS, Sold Out reveals the price we all pay when families are pushed out when modestly priced units are replaced with upscale developments.
Making a Home in Marshall
United Community Action Partnership and partners, including GMHF, broke ground for the first of five new affordable single-family homes in Marshall.
New $25M Fund Officially Launched, Investors Named
The NOAH Impact Fund is a new investment fund designed to acquire 1,000 units of rental housing and maintain affordable rents for 15 years.
LIHTCs Bring Affordable Youth Housing to Affluent Minnesota Neighborhood
As the syndicator, Minnesota Equity Fund placed $3.3 million in 4 percent low-income housing tax credit (LIHTC) equity into a multi-investor fund operated by Cinnaire.
Off the Floor and Into Dignified Digs – Higher Ground Saint Paul Delivers
Higher Ground now provides shelter to more than 450 people, and includes 232 semi-private bunks and 165 single room occupancy units of permanent housing for formerly homeless individuals.
Duluth’s Gateway Tower to Receive $18.5M Redo with MEF Equity
The total cost includes $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.