McKnight Foundation

Prosperity’s Front Door seeks to educate Minnesotans about opportunities to create and preserve the homes Minnesota communities need to thrive. Prosperity’s Front Door is a network of business, government, and nonprofit leaders from across Minnesota. The network sees affordable and workforce housing as the front door to greater and shared economic prosperity—for Minnesota’s families, businesses, and… Read more

Governor Mark Dayton and members of the Governor’s Task Force on Housing today released its final report, recommending 30 action steps aimed at improving access to quality, affordable housing for Minnesotans and building a more vibrant, inclusive economic future for all Minnesotans. Today’s report follows Governor Dayton’s Executive Order, which convened a nonpartisan group of… Read more

The McKnight Foundation is one of many foundations that have decided to use their endowments to further their mission. McKnight makes low-cost loans to entities like Greater Minnesota Housing Fund to contribute to a thriving, sustainable region and state. As a Community Development Financial Institution (CDFI), GMHF is able to invest the capital to create… Read more

Here’s an acronym to get behind: NOAH, for naturally occurring affordable housing. Freddie Mac, the federal mortgage agency, is offering $100 million to finance first-time mortgages as part of a larger effort to preserve affordable housing in and around Minneapolis. The NOAH Impact Fund, an equity fund launched last year by the non-profit Greater Minnesota… Read more