Park Place of Bemidji Grand Opening

Park Place of Bemidji held its Grand Opening event Friday, October 27, 2017.

GMHF staff excitedly joined government officials, organization personnel and business leaders to celebrate the grand opening of Park Place in Bemidji on October 27, 2017.

The building is managed by the Duluth-based Center City Housing Corp. and is located at 598 Third St. NW. The project cost approximately $7 million to build. The complex has 20 employees, including a registered nurse from Sanford Health and a case manager from Sanford Behavioral Health. Rick Klun, Executive Director of Center City Housing Corp stated Friday, “Our staff has the right mindset and a boatload of compassion.”

Warren Hanson, President and CEO of Greater Minnesota Housing Fund/Minnesota Equity Fund expressed during his speech “Park Place is a gamechanger that saves and changes lives. How incredibly fortunate Minnesota is to have Center City working across the state on creating supportive housing, the hardest housing to put together. Congratulations to the whole community that has come together to make this happen.”


The complex is 60 units
– 40 dedicated to single-room occupancy for those with chronic substance abuse problems
– 20 efficiency apartments for the recently homeless
There will be 20 staff with services available


Equipped to advise you

Whether you're ready to investigate financing options, or are in the early planning stages, Greater Minnesota Housing Fund can provide the technical assistance needed to get your idea off the ground. Learn more.



What is LIHTC and what are the benefits?

Not sure if LIHTC is a good possible financing or investment opportunity for you? You can learn more basic information about it here. Feel free to reach out to us to learn more.

General Contact

Minnesota Equity Fund
c/o Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1650-West
Saint Paul, MN 55101

Download MEF Brochure

For more background about the Minnesota Equity Fund, please download the MEF Brochure (PDF).



Colorful banner image featuring the skyline that you might typically see in a small city or town in Greater Minnesota.

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

GMHF is AERIS rated and a member of the  
Federal Home Loan Bank of Des Moines.  

Staff Contact

John Errigo
Director of Investing & Fund Manager

General Contact

Minnesota Equity Fund
c/o Greater Minnesota Housing Fund
332 Minnesota Street
Suite 1650-West
Saint Paul, MN 55101