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.
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.
Bremer, Western, and Sunrise Banks Join $25 Million Affordable Housing Fund
The Star Tribune reported on the launch of the NOAH Impact Fund, which comes at a critical time for low- and fixed-income renters in the Twin Cities metro.
New $25M Fund Officially Launched, Investors Named
The NOAH Impact Fund is a new impact investment fund designed to acquire 1,000 units of rental housing and maintain affordable rents for 15 years.