Properties & Partners

Learn more about the partnerships and properties that have come about under the banner of the Minnesota Equity Fund.

Along with our strategic partners, Minnesota Equity Fund has helped create vibrant housing communities across the state of Minnesota. Explore some featured properties and partners on this page.

Gateway Tower

Duluth’s Gateway Tower due for $18.5M redo with MEF equity

They’re already planning to return in about a year to celebrate the end of a project so extensive it will replace virtually everything but the property’s concrete shell – and even that will be covered by a new contemporary metal skin. “We’re really happy to make an intervention to protect the building,” said Jeff Corey… More

Beacon Hill project partners

Beacon Hill supportive housing community opens in Grand Rapids

The idea for the 48 new homes and supportive services for low-income individual and families, as well as formerly homeless and disabled individuals came out of the 18-month Housing Institute co-hosted by GMHF and the Minnesota Housing Partnership. Itasca County HRA worked closely with a close-knit group of project partners which included the Minnesota Department… More

Construction Underway for New Community for Military Veterans Struggling with Homelessness

Struggling military veterans will have access to new housing and resources to help end the cycle of homelessness, as construction is now underway for a new, affordable-housing community in Minneapolis. During a ceremonial groundbreaking for Veterans East, veterans groups, project partners and community leaders heralded the new development as vital in helping end homelessness among… More

Mary Tingerthal at groundbreaking

Struggling Military Veterans Have More Options in Minnesota

Veterans, project partners and community leaders recently celebrated the groundbreaking of a new, affordable housing community in Minneapolis. Called Veterans East, the upcoming development will help end homelessness among military veterans in Minnesota. According to Heading Home Minnesota, a public-private partnership that aims to end homelessness, more than 10,000 Minnesotans are homeless on any given… More

Historic Minneapolis Apartments to House Formerly Homeless Residents

Minnesota-based developer Beacon Interfaith Housing Collaborative found strong neighborhood support for converting The Lonoke from market-rate apartments into 19 units of affordable housing for low-income households and formerly homeless individuals. Lee Blons, Beacon’s executive director, credits local support for The Lonoke to the success of nearby Lydia Apartments, Beacon’s 40 units of supportive housing for… More

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About Minnesota Equity Fund

Minnesota Equity Fund (MEF) is a subsidiary of Greater Minnesota Housing Fund (GMHF). MEF and Cinnaire are joint venture partners collaborating to achieve our common mission to create more high quality affordable housing.

Learn More

Our Joint Venture Team

Greater Minnesota Housing Fund

AERIS RATED AAA +2FHLB Des MoinesGMHF is AERIS-rated and a member of the Federal Home Loan Bank of Des Moines.

Staff Contact

Sonja Simonsen
Director of Syndication
ssimonsen@gmhf.com
651.221.1997 x120

Warren W. Hanson
President & CEO, GMHF & MEF
whanson@gmhf.com
651.221.1997 x107

General Contact

Minnesota Equity Fund
c/o Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1201-East
Saint Paul, MN 55101